After Strait of Hormuz opens, turmoil would still last months, analysts say
Effective shutdown of key waterway could lead to permanent changes in how shipping industry does business.

Effective shutdown of key waterway could lead to permanent changes in how shipping industry does business.


![A man walks on a street as Cuba's national electric grid collapsed for the second time in a week amid the US-imposed oil blockade, according to officials, as the communist government struggles to keep the lights on for about 10 million people with decrepit infrastructure, in Havana, Cuba on March 21, 2026. [Norlys Perez/Reuters]](/wp-content/uploads/2026/03/image-1774896935.jpg?resize=770%2C513&quality=80)




![This frame grab, taken from video from Belarusian state-owned news outlet Pul Pervogo, shows Belarus' President Alexander Lukashenko watching as North Korean leader Kim Jong Un holds a rifle gifted to him by Lukashenko in Pyongyang. [Pul Pervogo/AFP]](/wp-content/uploads/2026/03/image-1774548190.jpg?resize=770%2C513&quality=80)


WTO chief Ngozi Okonjo-Iweala says the global trade order has ‘irrevocably changed’.

Cabbage farmers in the Philippines are harvesting their crops at a loss as prices plunge and fuel costs soar.
Press secretary Karoline Leavitt says Chinese President Xi Jinping will also visit US at a later date.
Trump’s envoys have sent a 15-point ceasefire plan to Iran via Pakistan. But Tehran has its own conditions.
Trump claims talks on with Iran, as he holds off on energy attacks, but Tehran denies any negotiations.

After announcing the US will postpone strikes on Iran’s power plants, Donald Trump said Iran called him to make a deal.

There is expected to be pushback from Israel following President Donald Trump’s move towards de-escalation with Iran.
Han Shen Lin, director of the China Office at the Asia Consultative Group, says that China is likely to remain neutral,

The US says it hit Iranian coastal missile sites and infrastructure, crippling Tehran’s threat to the Strait of Hormuz.

Indian textile workers are returning home after days without cooking gas, as an LPG crisis linked to the Iran war.