Layung Anindya Prasetyanti
Indonesia University of Education

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Hormuz Chokepoint and Global Economic Stability Ali Sirojiddinovich; Layung Anindya Prasetyanti; Inomjon Qudratov
Journal of Accounting, Management, Economics, and Business (ANALYSIS) Vol. 4 No. 2 (2026)
Publisher : Edupedia Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56855/analysis.v4i2.2062

Abstract

Purpose – This study examines the strategic role of the Strait of Hormuz in global trade and explains how disruption in this corridor can affect oil markets, shipping costs, financial conditions, and international economic stability. Methodology – The research applies documentary analysis, comparative data interpretation, and scenario-based stress testing. It draws on official datasets and reports from the EIA, UNCTAD, IEA, World Bank, IMF, BIS, ECB, and peer-reviewed oil-shock literature. Findings – The findings show that Hormuz is systemically important because oil and LNG flows are concentrated, short-run substitutes are limited, and geopolitical risk can move quickly into prices, freight, insurance, exchange rates, inflation expectations, and sovereign financing conditions. Novelty – The paper connects maritime chokepoint risk, energy-market transmission, and macro-financial spillovers in one framework, instead of discussing them as separate problems. Significance – The study is relevant for policymakers, central banks, energy planners, shipping stakeholders, and researchers concerned with crisis readiness and import-dependent economic resilience.