Immediate Answer: The reopening of the Strait of Hormuz in June 2026 marks a critical turning point for the global economy, immediately easing acute supply chain pressures and cooling record-high inflation. As oil and LNG flows resume, Brent crude prices have stabilized near $80 per barrel. While shipping volumes are normalizing, structural shifts in trade routes and a persistent "risk premium" in insurance costs suggest a permanent reconfiguration of global logistics is unde