Hormuz Disruption Chokes Global Economy, UN Warns

Date:

New York, United States – Web Desk: United Nations Secretary-General Antonio Guterres has warned that disruptions to maritime traffic in the Strait of Hormuz are putting severe strain on the global economy.

In a statement, Guterres said impediments to safe navigation through the critical waterway are already affecting global energy supplies, transportation networks, industrial output, and food markets.

Posting on social media, the UN chief said the consequences of rising tensions in the Middle East are becoming more serious with each passing moment, adding that instability in such a key maritime route is disrupting global supply chains.

“The situation is exerting increasing pressure on the global economy,” he said, warning that continued disruption could deepen economic uncertainty worldwide.

Guterres urged the international community to prioritise diplomacy and immediate dialogue, calling for urgent steps to de-escalate tensions and prevent further deterioration in the region.

He cautioned that the current crisis could have far-reaching consequences, not only for the Middle East but for the global economy at large.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

PM Shehbaz Sets November Deadline for AI Projects Under Alibaba Partnership

Pakistan’s government is accelerating AI and digitalisation initiatives covering...

FM Ishaq Dar Meets Makkah Defence Pact Chief to Discuss Regional Peace

Pakistan’s foreign minister discusses the role of the Makkah...

At Least 30 Dead After Two High-Speed Trains Collide in Spain

Two high-speed trains collided in central Spain, derailing carriages...

Karachi Winter Expected to Begin in Mid-December: PMD

Karachi is likely to experience winter conditions from mid-December,...