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Strait of Hormuz: Gradual re-opening is no quick fix for developing nations, UN warns
Re-opening the Strait of Hormuz would bring vital relief for many economies, but developing countries will continue to grapple with increased food and fuel costs, according to a new UN report released on Tuesday.
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arabnews.com
Hormuz disruption may have lasting impact on vulnerable economies, UN trade agency says
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…
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tass.com
Reopening Strait of Hormuz won’t end economic shock — UN
According to UNCTAD, reopening the strait is a "necessary but insufficient" condition for restoring trade, as supply chains require time to adjust
