In the sweltering heat of Hormuz, a tanker captain recalls the tense weeks when every voyage felt like a gamble. Insurance premiums had tripled, oil prices surged past $100 per barrel, and global inflation ticked upward as shipping lanes narrowed under the shadow of war. For ordinary households in Lagos, London, and Los Angeles, the ripple effect was immediate: petrol queues lengthened, food prices climbed, and central banks scrambled to tame inflationary fires.