EPISODE · May 22, 2026 · 1 MIN
Making Money Minute - May 19, 2026
from Making Money Minute with Ron Hiebert · host Ron Hiebert
Making Money Minute with Ron Hiebert - Surprising Iran War Shortages When the 40 km wide Strait of Hormuz, just off Iran’s south west coast, is closed to shipping, we get a lesson on just how interconnected global supply chains really are. Most people know that 20% of the world’s oil passes through this strategic waterway. But there is so much more. Roughly 1/3 of all internationally traded fertilizer and 20% of its Liquified Natural Gas starts here. Helium is used in the manufacture of computer chips and other advanced electronics. 30% is produced in this area. Sulphur makes sulphuric acid, which, in turn, is essential to processing critical minerals like copper and nickel. 50% of sulphurs seaborne trade, transits through the Persian Gulf. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.
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Making Money Minute - May 19, 2026
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