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SVB Energy's Vakhshouri on US Blockade of Hormuz

Bloomberg
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US-led naval forces blockaded the Strait of Hormuz on April 13, 2026, after failed weekend talks between Washington and Tehran, cutting off a critical chokepoint for 20% of global oil supply. Sara Vakhshouri, SVB Energy International president, warned the move would immediately spike oil prices by 15-20%, deepening an existing global energy crisis already strained by geopolitical tensions. The blockade disrupts 17 million barrels per day of crude and refined products, forcing traders to reroute shipments via longer, costlier routes, exacerbating supply chain bottlenecks worldwide. Vakhshouri noted Asian economies—especially China and India—face acute shortages, as 80% of their Gulf oil imports transit Hormuz, risking industrial slowdowns and inflation surges. Markets reacted with volatility, with Brent crude nearing $120/barrel, as analysts anticipate prolonged disruptions unless diplomatic breakthroughs or alternative shipping corridors emerge quickly.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Apr 13th, 2026SVB Energy's Vakhshouri on US Blockade of HormuzSara Vakhshouri, Founder and President at SVB Energy International, discusses her outlook for energy markets as the US moved to blockade the Strait of Hormuz after weekend talks between Washington and Tehran failed to reach a deal, escalating a global energy crisis that’s rocked markets. She speaks with Haidi Stroud-Watts and Shery Ahn on Bloomberg: The Asia Trade. Duration:9:45Duration:11:13Duration:1:54Duration:11:33

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