61 Days
Source:
الاقتصادية
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Energy Agency Director warns that closing Hormuz threats the global economy with new challenges
The CEO of the International Energy Agency, Fatih Birol, warned that closing the Strait of Hormuz to maritime traffic within a few weeks could lead to a surge in global economic challenges. He pointed out that a decline in ship movement and rising tensions in the region threaten to disrupt shipments of oil, gas, and goods, with significant impacts on Asian and developing countries, especially those heavily reliant on Gulf supplies. He added that the current crisis could result in severe economic difficulties if the Strait remains closed.
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