The ongoing Middle East war continues to trigger global economic fallout, with the dollar rising and the IEA chief warning of a 'major threat' from the Strait of Hormuz crisis, as experts now highlight significant disruptions to worldwide supply chains, leading to stuck ships and higher costs, prompting companies like Core Labs to cut financial guidance, driving US crude oil futures to rise, causing crypto prices to jump on hopes of a resolution in the Iran conflict, and leading to globally surging fuel prices that diminish small comforts and grow worries, with Chevron's CEO noting that recovery from the Middle East production hit will take time.