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UN Chief Warns Strait of Hormuz Disruptions Could Trigger Global Recession

UN Secretary-General António Guterres has warned that restrictions on navigation in the Strait of Hormuz could trigger a global economic downturn, disrupt supply chains, and worsen inflation worldwide. “I’m deeply concerned about the curtailment of navigational rights & freedoms in the area of the Strait of Hormuz disrupting energy, transport, manufacturing & food markets & […]