Hormuz Reopening Offers Little Relief to Vulnerable Economies, UN Report States
Economy

Hormuz Reopening Offers Little Relief to Vulnerable Economies, UN Report States

A UNCTAD report indicates that the reopening of the Strait of Hormuz offers limited immediate relief to Least Developed Countries (LDCs) and vulnerable economies exposed to oil and food price shocks. Risks of inflation and food insecurity remain high.

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