Most think the Iran conflict is just about oil. It’s way bigger:
Sulfur & Industry: 92% of global sulfur comes from oil refining. Closing HORMUZ doesn’t just cut 20M barrels/day of crude — it strips raw materials for SULFURIC ACID, essential for copper, cobalt, transformers, batteries, and data center chips worldwide.
Semiconductors: 30% of Taiwan’s LNG passes through Hormuz. TSMC, producing 90% of modern chips, uses 8.9% of Taiwan’s electricity. No gas → No power = No CHIPS
Food Security: 33% of GLOBALnitrogen fertilizer feedstock moves through the strait. Half the world depends on synthetic nitrogen from natural gas for crops.
