Al-Banaei: Iran's Strait Closure Risks Global Supply
The State of Kuwait has affirmed that Iran's continued closure of the Strait of Hormuz poses a direct threat to global supply chain security, particularly concerning energy and food security. It disrupts international trade movements, leading to increased shipping costs, higher prices for fertilizers, and rising costs of food commodities. Additionally, Ambassador Tareq Al-Bannai explained that conflicts contribute to food insecurity, with hunger intensifying and the number of people facing severe levels of starvation doubling. This occurs despite the existence of laws and early warning mechanisms to address these issues, indicating a lack of political will to implement these measures. He also noted that the blockade and Israeli occupation measures in Gaza have resulted in famines and threaten the human right to food. Furthermore, he warned that erosion of livelihoods and ongoing tensions could be exploited by extremist groups, emphasizing that continued closure of the Strait of Hormuz increases risks to global food security and peace.
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