The ‘Hormuz Effect’: Impact on Logistics Costs and the Configuration of Argentina’s Foreign Trade – Trade News | 11/04/26

The so-called “Hormuz effect” is having a direct impact on logistics costs and the competitiveness of Argentina’s foreign trade, within a global context shaped by geopolitical tensions that drive up oil prices, increase international freight costs, and force companies to rethink their operational strategies. This scenario makes both imports and exports more expensive, eroding the competitiveness of Argentine products in international markets while raising the cost of imported goods domestically, and increasing inflationary pressure, with fuel prices rising by around 25% in recent weeks and surpassing ARS 2,000 per liter. In this context, the profitability of international trade no longer depends solely on operational capacity but is increasingly conditioned by more sophisticated cost management, risk assessment, and adaptation to regulatory and geopolitical changes, reinforcing a structural transformation in how Argentina integrates into global trade. Link to Article