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Thursday, April 30, 2026
Guterres warns of worsening economic impact of Hormuz closure

United Nations Secretary-General Antonio Guterres delivers a statement during a media conference at the EU summit in Brussels, on March 19, 2026. (AP Photo/Omar Havana)
UNITED NATIONS — UN chief Antonio Guterres sounds the alarm over the worsening global economic impacts of the Strait of Hormuz remaining effectively closed due to the Iran war.
The closure of the vital waterway is “strangling the global economy,” the secretary-general warns in remarks to the press.
Even if restrictions were lifted today, “supply chains will take months to recover, prolonging lower economic output and higher prices,” he says.
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