The crisis around the Strait of Hormuz shows that energy risk can no longer be understood only through access to the resource itself. It now operates through the circulation of flows: maritime transport, freight, logistics chains, industrial arbitrage, and the actual conditions that allow the real economy to function. In this France 24 / RFI appearance, Sarah Moya argues that this is not simply an oil shock, but a flow shock whose effects extend far beyond the Gulf. Her analysis highlights the irreversible interconnection between energy, trade, security, and political decision-making. It also shows that this kind of crisis produces structural, long-lasting, and deeply uneven effects across economic actors.1. This is not an oil shock but a flow shock. What is at stake is not only access to the resource, but everything that comes after it: transport, freight, circulation, and the ability to maintain flows.
2. Interconnection is irreversible. What happens in Hormuz can have consequences far beyond the Middle East, including in other regions such as Africa and across industrial and economic sectors far removed from the conflict zone.
3. The effects will be structural and will hit small and medium-sized enterprises first. This crisis is neither the 1970s shock nor the 2022 shock. It must be read through flows. Rising costs will first affect small and medium-sized enterprises, which should become a priority for public response.
Sarah Moya is a senior consultant in energy geopolitics and the founder of Coresight Strategies. She advises executives, institutions, and companies on sovereign risk, regulatory frameworks, and strategic decision-making in the extractive sectors, at the intersection of law, geopolitics, and international power dynamics.
For speaking requests, strategic exchanges, or collaboration inquiries, please contact Sarah Moya through the Coresight Strategies Contact page.
