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financeHIGH2026-05-01 02:28 UTC

UN chief warns Hormuz closure ‘strangling’ global economy

UNITED NATIONS: The escalating crisis in the Strait of Hormuz could push tens of millions into poverty, trigger a surge in global hunger and even tip the world toward recession, United Nations Secretary General Antonio Guterres warned on Thursday. The closure of the vital waterway is “strangling the

ORIGINAL SOURCE →via Dawn Pakistan
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