Businessess stockpiling due to rising prices, delivery times

Checkpoint · Apr 20, 2026 · 6m

The effective closure of the Hormuz Strait, disrupting about 20% of global oil supplies, has had massive knock on effects. Outside of fuel oil is used in thousands of everyday things, plastics and packaging, building supplies and medical equipment. Some business are facing week long delays in supply chains, that means planning well ahead. Business Canterbury CEO, Leeann Watson spoke to Lisa Owen.