About this episode

The episode discusses the impact of disruptions in the Strait of Hormuz on global aluminum supply and its broader economic implications.

Severe disruption in the Strait of Hormuz is rippling far beyond oil markets. Around 10% of global aluminum supply is tied to the Middle East, and with exports constrained, prices are surging and supply chains are tightening. The impact will extend across the global economy as aluminum is used from cars and electronics to construction, meaning higher prices can quickly feed through to everyday goods. While the shock may not change long-term supply outlooks, it is creating near-term shortages, and exposing vulnerabilities across multiple stages of the supply chain. So how does a regional conflict translate into a global materials crunch, and what does it mean for the energy transition? On today’s show, Kamala Schelling is joined by BloombergNEF’s head of metals and mining, Kwasi Ampofo, to discuss notes including “Industrial Metals Monthly: Supply Risks Rise on Iran War.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: Industrial Metals Monthly: Supply Risks Rise on Iran War…

People in this episode

Host: Kamala Schelling

Guest: Kwasi Ampofo

Topics covered

• aluminum supply
• global economy
• supply chain
• energy transition
• industrial metals

Keywords

• aluminum
• supply chain
• Strait of Hormuz
• global economy
• energy transition
• industrial metals
• Iran War

Mentioned in this episode

Organizations: BloombergNEF, BNEF

Places: Strait of Hormuz, Middle East

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