The war in Iran and closure of the Strait of Hormuz have sent shockwaves through
the global economy and sent companies scrambling to reassess their energy use
and supply chains. Even if the conflict is resolved soon, it has exposed weaknesses
and created volatility. Compliance teams must highlight how they can help.

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...