Rapidan Energy Group warns that a closure of the Strait of Hormuz through August could trigger an economic downturn rivaling the 2008 Great Recession. The strait serves as a critical chokepoint for global energy trade, and any prolonged blockage would ripple through markets worldwide.

The assessment reflects growing geopolitical risk in the Persian Gulf region. A shut-down through August would extend disruption well beyond a short-term shock, putting sustained pressure on oil prices and broader economic activity.

Rapidan's warning signals that the current situation carries recession-level risk, not just temporary market volatility.