Gas stations are rationing fuel. Hospitals are running out of medical supplies. People are hoarding plastic bags, and factories face packaging shortages.
That’s all happening in Asia now.
That could become a problem for the United States: About half the stuff Americans buy comes from Asia.
If Asian factories are dealing with a lack of supplies, should Americans expect shortages, too?
Possibly – but not just yet. At least not in any widespread or severe manner. But the longer the Strait of Hormuz remains closed, the harder it will become for the United States to avoid the problems piling up elsewhere.