Iran conflict: Are rising fuel costs affecting the yachting industry?

The war with Iran is continuing to disrupt vital shipments through the Strait of Hormuz, effectively cutting off 20 per cent of the world’s oil supply. This means less oil is reaching refineries (with major production facilities also under attack), which has driven up the price of Brent crude to more than $100 per barrel.

But why should this concern the yachting industry?