A navy vessel in the Strait of Hormuz, on March 1, 2026. SAHAR AL ATTAR/AFP Just hours after the joint United States-Israeli attacks on Iran started on February 28, maritime traffic in the Persian Gulf froze. With ports closed and ships seeking shelter, the Strait of Hormuz, which Iran announced it has taken control of on Wednesday, March 4, has become blocked, bringing all regional trade to a standstill. The consulting firm Bernstein, echoed by Dow Jones, forecast disruption to deliveries and auto sales across the Middle East, one of the most important markets for Chinese automakers such as Chery, SAIC Motor and Great Wall Motor. French agricultural exports, including grain, wine and liqueurs, could also be affected. In addition to hydrocarbons, 27% of global ammonia exports, 22% of phosphates and 45% of sulfur – essential raw materials for fertilizer production – are exported from the Gulf region aboard bulk carrier ships. Within this region, trade relies almost entirely on sea access, due to a lack of road and rail infrastructure. Since the start of …