UBS Reactivates Supply-Chain Stress Watch After Detecting Alarmingly Rapid Deterioration

One week after Maersk CEO Vincent Clerc warned CNBC of a "new wake-up call" for global trade amid the ongoing disruption of the Strait of Hormuz and a deepening energy crisis that could intensify further in June, UBS analysts are out with a new note telling clients they have "reactivated" their Global Supply Chain Stress Index in response to increasingly alarming signals emerging across global logistics networks.

"Supply chain stress is rising at its fastest pace since the early pandemic," UBS analyst Pierre Lafourcade wrote in a note on Sunday.