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UN chief says Hormuz restrictions ‘strangling’ global economy

UN Secretary-General Antonio Guterres says the disruptions in the Strait of Hormuz are “strangling the global economy”, warning of lingering economic distress even in the “best cas

UN chief says Hormuz restrictions ‘strangling’ global economy

UN Secretary-General Antonio Guterres says the disruptions in the Strait of Hormuz are “strangling the global economy”, warning of lingering economic distress even in the “best case scenario”. Even if restrictions were lifted today, “supply chains will take months to recover, prolonging lower economic output and higher prices”.

Alina Hashmi

Journalist

Staff correspondent covering World and national affairs for Pakistan Times Today.

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