Conflict in the Strait of Hormuz could have an impact on oil and gas costs. This trade route is crucial for the global supply of these resources. If the Strait of Hormuz is disrupted, it may lead to increased costs for oil and gas.

The effects of such a disruption are being considered, given the importance of this route. For more information on the potential impact of conflict in the Strait of Hormuz, readers can refer to the full report from KHOU Houston, based in The Woodlands, TX.