Strait of Hormuz Closure Threatens Global Economy, Food Security
Experts warn that a closure of the Strait of Hormuz would inevitably lead to a global recession and severely impact food security by crippling the fertilizer trade.
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Global recession is inevitable if Strait of Hormuz stays shut, says Citadel's Ken Griffin
A prolonged blockage of the Strait of Hormux for the next six to 12 months will mean an unavoidable recession, the billionaire investor said.
Read full article →Hormuz closure cripples fertilizer trade, causing ripple effect on food security - analysis
The closure of the Strait of Hormuz has disrupted global fertilizer supplies, leading to a 20-30% price increase and threatening food security worldwide.
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