Analysts: The situation in the Strait of Hormuz will continue to put pressure on the oil supply chain.

After the United States launched a military strike against Iran, the Iranian Islamic Revolutionary Guard Corps announced that it had taken control of the Strait of Hormuz, preventing American, Israeli, and European ships from passing through. The Strait of Hormuz is a crucial global energy transportation route, and it is believed that the pressure on the oil supply chain will continue to increase over time, leading to rising oil prices that will impact the global economy. Analysts point out that the options for oil-producing countries in the Gulf region are becoming limited. Due to export constraints, crude oil is being forced to be stored in onshore tanks and on oil tankers at sea. With limited storage capacity, oil production in Iraq's southern major oil fields has been reduced by seventy percent, while Kuwait, the United Arab Emirates, and Saudi Arabia, the world's largest oil exporter, still have some remaining storage space, but only enough to last a few days, not weeks. As storage facilities gradually fill up, more oil-producing countries will be forced to reduce production. If the supply interruption continues, the pressure on governments to tap into strategic reserves will only increase. Even if the Strait of Hormuz reopens, it will take weeks for the oil transport cycle to resume, and it will take time for the related supply chains to return to normal.