economy
Worried about Strait of Hormuz inflation to come? The world economy has one word for you: Plastics
Worried about consumer inflation to come from Strait of Hormuz closure? The economy has one word for you other than oil: plastics.
TL;DR
- A Strait of Hormuz closure could cause consumer inflation.
- Inflationary concerns extend beyond oil prices.
- Plastics represent another significant factor for the economy to consider.