The truth behind everything getting more expensive: a strait war is draining your wallet


The Strait of Hormuz is sealed.
25% of the world’s oil, 20% of natural gas, and nearly half of fertilizer raw materials are all locked up here. When the US and Iran went to war, Khamenei died—but his son took over directly, announcing an indefinite blockade of the strait.
You think this is just news? No, it has already turned into every number on your bill.
Oil prices surged from $73 to $119, up more than 50%. But oil is the “mother of all things”—the tactical jacket you wear (synthetic fiber up 20%), the plastic bags you use, the food you eat (fertilizer is cut off)—everything follows suit and goes up. Tomato prices in India jumped 700%, South Korean supermarkets limit plastic bag purchases, and Brazilian farmers may miss spring planting.
What’s even worse is “stagflation”: prices skyrocket, corporate costs soar → layoffs → everyone is afraid to spend → fewer orders → even harsher layoffs. Bangladesh’s textile industry has already run out of oil and halted production, leaving millions of workers unemployed.
How will the war end? The US can’t control Iran, and it can’t contain Israel either. Experts say: the ending won’t be peace, but a chaotic Middle East where oil prices are repeatedly tossed around long-term in a “usable but very expensive” range.
What about ordinary people like us? Look at it from both sides—
Good news: international capital flows into China, new energy accelerates replacement, and room for RMB settlement expands.
Bad news: imported inflation is already here—the real test is summer and autumn grain and vegetable prices, and foreign trade orders may plunge in the second half of the year.
So the most important thing is only one: keep your job and stabilize your cash flow. In an uncertain era, stable income is your final armor.
Cannon fire thousands of miles away is rewriting our lives, one decimal place at a time. We can’t stop the storm, but we can make the ground beneath our feet solid enough.
$GT $ETH $RAVE
GT1,64%
ETH2,71%
RAVE35,95%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin