17-July-2026
Economy News
 
Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warns
16-Jul-2026

The global economy could face fresh headwinds if the disruption in the Strait of Hormuz continues for more than a few weeks, International Energy Agency (IEA) Executive Director Fatih Birol has warned, as attacks in the region threaten one of the world's most critical energy shipping routes.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/strait-of-hormuz-closure-must-end-within-weeks-or-global-economy-will-suffer-iea-chief-warns/articleshow/132427618.cms