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Global Economy Faces Serious Impact Due to Hormuz Crisis, Warns UN Chief

New Delhi, May 1: United Nations Secretary-General Antonio Guterres has stated that disruptions to safe shipping in the Strait of Hormuz are having a severe impact on the global economy. This sentiment is echoed by Singapores Prime Minister and the European Union. In a social media post, Guterres noted that the blockade in this crucial ... Read more Global Economy Faces Serious Impact Due to Hormuz Crisis, Warns UN Chief

1 May 2026 11:48 am