Renewed tensions in the Strait of Hormuz: what are the consequences for the economy?

2024-04-15 00:19:14

It is an act of piracy that sounds like a warning. This Saturday, a helicopter headed straight for an Italian-Swiss container ship, the MSC “Aries”, near the Strait of Hormuz, a busy maritime route between the Persian Gulf and the Gulf of Oman. Iranian maritime special forces descended on the ship managed by Israeli Eyal Ofer’s company Zodiac.

Surprising the 25 crew members, the men of the Revolutionary Guards drove the ship into Iranian waters. “This is not a trivial act,” explains Radouane Abdoune, finance professor at Kedge Business School. For Iran, it is a way of threatening Israel economically and disrupting its trade with the rest of the world. »