The war with Iran disrupting global supply chain
March 12
The United States and Israel’s lead strikes on Iran are having major consequences on the global supply chain, as twenty percent of the world’s oil flows through the Iranian-controlled Strait of Hormuz.
Hitendra Chaturvedi, a professor of practice at the NASPO Department of Supply Chain Management at Arizona State University, joined “Arizona Horizon” to discuss the lasting impacts of this conflict.
Americans are already paying 60 cents more per gallon of gasoline than last month, according to AAA. Chaturvedi says that if this conflict continues, Americans can expect more than just rising gas prices.
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