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Israel-Iran conflict: Strait of Hormuz closure threatens textile trade

23 Jun '25
9 min read
Israel-Iran conflict: Strait of Hormuz closure threatens textile trade
Israel-Iran conflict: Strait of Hormuz closure threatens textile trade

Insights

  • Israel–Iran conflict and Iran's closure of the Strait of Hormuz threaten global trade and textile sector.
  • The chokepoint handles *0* per cent of global oil and *0* per cent of LNG shipments.
  • Disruptions could spike energy costs, delay freight, and derail synthetic fibre supply.
  • Key apparel exporters and importers—like India, UK, US and Turkiye—face shipping delays, price hikes and sourcing challenges.

Impact on the textile and apparel industry

The closure or militarisation of the Strait would significantly impact the textile and apparel industry, which depends heavily on globalised supply chains for raw materials and finished products. Key consequences include:

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