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Disruption in and around the Strait of Hormuz continues to evolve, with conditions shifting day by day. Periods of de-escalation have offered some relief, but recovery remains fragile and uncertainty persists. Insurance costs remain volatile, and security risks, including the potential presence of unexploded mines, continue to pose challenges even when transit resumes. For procurement

Global electronics production relies on a tightly synchronised network of semiconductor fabrication plants, where a single power outage can disrupt output in real time. The industry operates with minimal inventory buffers and depends heavily on a limited number of high-capacity fabs to sustain continuous supply. When one facility experiences downtime, the impact spreads rapidly, creating