INDIA ITME 2026

Prime Content | 
Hormuz crisis: Story update on energy and textile costs

12 Mar '26
6 min read
Hormuz crisis: Story update on energy and textile costs
Pic: Shutterstock

Insights

  • The Hormuz disruption has triggered the sharpest textile supply shock since COVID-19.
  • Ship transits collapsed 97 per cent, Brent crude rose 26 per cent, and polyester feedstocks jumped 25–40 per cent, pushing global textile production costs up 10–15 per cent.
  • With polyester accounting for ~59 per cent of global fibre output, energy volatility is rapidly transmitting into apparel costs.

*" src="https://static.fibre*fashion.com/newsresource/newscontentimages/***/*-*_********T******.jpg" />

The crisis erupted on February ** when the US and Israel launched coordinated strikes on Iranian military and nuclear facilities. Iran’s IRGC responded by declaring the Strait of Hormuz closed to commercial shipping on March *, backed by missile strikes on tankers, and attacks on US military installations across the Persian Gulf.

To read the full story, become a PRIME member today.
Already a member? Log in
PRIME
Unlimited Access to
F2F Prime Content
Trial $1 Only

for your first 30 days then pay $19 per month

Learn more about Prime Content Service

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
Advanced Search