Strait of Hormuz Closure Could Trigger 2008-Scale Economic Downturn

Experts warn that a potential closure of the Strait of Hormuz until August could significantly elevate the risk of an economic downturn comparable in scale to the 2008 global financial crisis.

22 May, 17:28 — 22 May, 17:28

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ukrainska-pravda2d ago

Closure of Strait of Hormuz could trigger downturn on scale of 2008 crisis

The closure of the Strait of Hormuz until August would significantly increase the risk of an economic downturn approaching the scale of the 2008 global financial crisis.

By Artur Kryzhnyi

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Strait of Hormuz Closure Could Trigger 2008-Scale Economic Downturn

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Closure of Strait of Hormuz could trigger downturn on scale of 2008 crisis

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