Houston's energy industry is expected to benefit from the Iran war, despite supply chain disruptions, according to Rice University economist Kenneth Medlock. The region's engineering and logistics expertise is positioned to capitalize on these shifts, as the Strait of Hormuz remains largely frozen, straining one of the world's most critical chokepoints for oil supply. However, uncertainty about when the conflict will end and rising oil prices are volatile conditions for the Houston energy and commodities industries. The uncertainty surrounding the conflict is also hindering business decisions, as companies don't know if to produce more due to the volatility.