UN Secretary-General António Guterres has raised alarm over the growing global economic impact of the effective closure of the Strait of Hormuz, amid ongoing conflict in Iran.
Speaking to the media, Guterres warned that the shutdown of this vital maritime route is directly harming the global economy.
“The closure of this vital waterway is choking the global economy,” he said.
He further cautioned that even if restrictions are lifted immediately, the consequences will persist.
“Even if restrictions are lifted today, supply chains will take months to recover, prolonging reduced economic output and high prices,” Guterres added.
The Strait of Hormuz is considered one of the world’s most critical oil transit routes, and its disruption has triggered widespread international concern over energy supplies and rising global inflation.
