UN Secretary-General Antonio Guterres warns that a prolonged closure of the Strait of Hormuz could trigger a global recession and push millions into extreme hunger due to fertilizer supply shortages.
UN Secretary-General Antonio Guterres warned that a prolonged closure of the Strait of Hormuz could push 32 million people into poverty and 45 million into extreme hunger due to fertilizer supply disruptions. Guterres stated that continued disruptions through the end of the year could drive inflation above 6% and trigger a global recession.
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UN Secretary-General Antonio Guterres warned that a prolonged closure of the Strait of Hormuz could push 32 million people into poverty and 45 million into extreme hunger due to fertilizer supply disruptions. Guterres stated that continued disruptions through the end of the year could drive inflation above 6% and trigger a global recession.
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