The Iran war has had a profound impact on the world. So Precious Olu-Obasa PhD, Obasa Olorunfemi MBA, and Temitope Obasa M.Sc built a Global Force Majeure, Policy & Industry Tracker. This tracker was created to research and understand its impact, spread, and global response — with a focus on supply chain force majeure declarations, national policy responses, and the industries affected. As of 6 Apr 2026: Iran operates a $2M/vessel IRGC toll booth at Larak Island — the strait is selectively open, not free.

On February 28, 2026, the United States and Israel launched coordinated strikes on Iran. Within 72 hours, QatarEnergy had declared force majeure on all LNG shipments. Kuwait Petroleum Corporation followed. Bahrain's Alba — the world's largest single-site aluminium smelter — cut output by 19%. Iraq declared force majeure on every oilfield operated by a foreign company. By the second week of March, Brent crude had crossed $100 a barrel for the first time in four years. The International Energy Agency activated the largest emergency oil reserve release in its 52-year history. Twenty countries had enacted emergency energy measures. Fourteen global industries were in varying states of disruption. As at April 4, 2026, we believe this is the first tracker to map all of it — force majeure declarations, national policy responses, and industry-level disruptions — in a single, sourced, structured tool.

Together with Precious Olu-Obasa PhD, Temitope Obasa, and the rest of the team at Extrafemi, we spent the past week building this tracker. It is a free, live, open-access tool that tracks:

• Every confirmed force majeure declaration since the Strait of Hormuz closed — from QatarEnergy and Kuwait Petroleum to Sumitomo Chemical and Bahrain's Alba — with first-order effects, second-order downstream impacts, and primary sources
• National emergency policy responses from 20+ countries — what South Korea's ₩100 trillion stabilisation fund means, why Pakistan closed schools, why the Philippines was the first country to declare a national energy emergency
• 14 industries affected — Automotive. Semiconductors. Agriculture. Petrochemicals. Aviation. Textiles. Shipping. Pharmaceuticals. Construction. Copper and battery minerals. LNG and energy. Gulf food and water. Rice and food exports. And e-commerce and cross-border digital trade. Each with specific items disrupted, countries impacted (named countries, not "EU" or "Africa"), and estimated losses in USD

Most of the coverage has focused on oil prices and the Strait of Hormuz. That is the right starting point but the wrong stopping point. What is actually happening is a cascading disruption across supply chains that most people never think about until the product disappears from the shelf or the price doubles.

Data Sources & Verification

Live Data Feed Architecture

A note on the e-commerce row and Dr. Precious's research. The Industries Affected tab includes a row on e-commerce and cross-border digital trade — and we believe this is the first time the Hormuz crisis has been explicitly mapped against the exposure of African digital entrepreneurs. The explanatory framework comes from Precious Olu-Obasa PhD's published research: Entrepreneurial Learning Dynamics of Nigerians in E-Commerce: A Case Study of Experiential Learning (2025). Her research shows that Nigerian e-commerce entrepreneurs build their cross-border logistics knowledge through experiential practice — not formal training. When the routes that knowledge is built around stop functioning, micro-merchants face a structural vulnerability that large platforms do not. The Hormuz crisis is a live stress test of that finding. The loss estimates in the row are grounded independently in supply chain data from Business Standard, Credendo, and Jebel Ali logistics reporting.

Privacy & compliance. This tracker is GDPR (EU General Data Protection Regulation) and NDPR (Nigeria Data Protection Regulation) compliant. We do not collect personal data without consent. Analytics cookies are only set with your explicit permission. You can manage your preferences at any time via the cookie settings at the bottom of this page. For questions, contact us at [email protected].