How Strait of Hormuz standoff will close in on supply of America's generic drug prescriptions
CNBC
byKevin Williams
Monday, March 16, 2026 at 11:37 AM

Half of US generic drugs are made in India and transit the Strait of Hormuz. Supply chains prepare for emergencies, but prescription stockpiles are limited.
The closure of the Strait of Hormuz by Iran is a military strategy with vast consequences for the global economy, not just in the form of higher oil prices, but with disruptions in supply chains invo… [+9366 chars]
Language
eng
Source
CNBC
Category
business
Added
6d ago




