UN Warns: Strait of Hormuz Closure Could Spike Global Food Prices, Crush Vulnerable Economies
The United Nations Trade and Development (UNCTAD) agency has issued a stark warning that Iran’s blockade of the Strait of Hormuz amid the US-Iran war risks surging food prices worldwide, exacerbating cost-of-living crises for the poorest nations. Chokepoint Carries 38% Global Oil, Key Food Inputs The vital waterway handles 38%
