UN chief warns Hormuz closure 'strangling' global economy

<article data-history-node-id="439335" about="https://www.middleeasteye.net/live-blog/live-blog-update/un-chief-warns-hormuz-closure-strangling-global-economy" class="live-blog-update default clearfix"> <h2> <a href="https://www.middleeasteye.net/live-blog/live-blog-update/un-chief-warns-hormuz-closure-strangling-global-economy" rel="bookmark"> <span class="field field-title">UN chief warns Hormuz closure 'strangling' global economy</span> </a> </h2> <div class="content"> <div class="field field-field-text"><p>UN chief Antonio Guterres sounded the alarm on Thursday over the worsening global economic impacts of the Strait of Hormuz remaining effectively closed due to the&nbsp;Iran&nbsp;war.</p> <p>The closure of the vital waterway is "strangling the global economy," the secretary-general warned in remarks to press.</p> <p>Even if restrictions were lifted today, "supply chains will take months to recover, prolonging lower economic output and higher prices," he said.</p> </div> </div> </article>