Hormuz disruption may have lasting impact on vulnerable economies, UN trade agency says
The strait was effectively paralyzed during the conflict triggered by joint US-Israeli strikes on Iran in late February
June 30, 2026 10:45
GENEVA: The UN trade and development agency warned on Tuesday that while the reopening of the Strait of Hormuz will bring immediate relief to energy markets, vulnerable economies remain at risk from prolonged increases in food and fuel costs.
Food and transport systems are likely to take longer than energy markets to recover, as disrupted supply chains need more time to reset following more than 100 days of severe disruption to shipping through the strategic waterway, a UN Conference on Trade and Development said in a new report.
