S8/10Geopolitical

IEA Boss Warns Global Economy in Peril If Hormuz Crisis Persists

The global economy faces a renewed challenge if the conflict that’s choked the Strait of Hormuz isn’t resolved in a matter of weeks, said International Energy Agency Executive Director Fatih Birol.

16 Jul 2026, 00:05 UTCSource: Bloomberg MarketsOriginal source

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