Crisis Why Disruptions in the Strait of Hormuz Could Become a Living-Cost Crisis for the World’s Most Vulnerable Economies
Based on UNCTAD’s latest report, this article explains how disruptions in the Strait of Hormuz could raise oil import costs, fuel inflation, intensify fiscal pressure, and slow growth in least developed countries and small island developing States.Category: Global Economy / Energy Security / Emerging MarketsTags: Strait of Hormuz, oil prices, UNCTAD, energy security, least developed countries, small island developing States, inflation, geopolitical risk
