📈 Hormuz Crisis: Impact on Global Energy, Food Security & Maritime Trade

Italy warns that the blockade of the Strait of Hormuz is a "global shock" affecting energy security and international supply chains. With around 40% of Italy's GDP tied to exports, the stability of this route is critical for national and regional economic balances. • Global Trade Impact: The Strait facilitates 20% of global oil, 25% of liquefied natural gas (LNG), and a significant share of raw materials essential for international industries. • Food Security & Fertilisers: Approximately 30% of global fertiliser exports pass through the Strait. Disruption risks a humanitarian crisis in vulnerable regions, including Africa, by fueling inflation and famine. • Sectoral Risks: High energy prices and insecure trade routes are already impacting industrial competitiveness and European households. • Italian Export Resilience: Despite global headwinds, Italian exports grew by 3.3% in 2025, highlighting the necessity of secure maritime corridors. Diplomatic & Naval Response: • Italy is spearheading the "Rome Coalition for Food Security" to address agricultural disruptions. • Readiness to join an international defensive coalition for mine-clearing and maritime safety once hostilities cease. • Advocacy for strengthening the ASPIDES mission to secure transport in the Red Sea and Gulf regions. _Summary based on official statements by the Italian Ministry of Foreign Affairs (May 2026)._