Author: SAEED AL HAJERI

Strait of Hormuz crisis threatens global oil, gas and food supply chains Nearly 20% of global oil passes through the strategic maritime corridor Developing nations face the highest economic impact from disruptions UAE and South Africa play key roles in stabilising global trade flows The conflict in the Middle East is a stark reminder of how deeply interconnected the global economy has become: a crisis in one region can reverberate across every continent. Nowhere is this more evident than in the Strait of Hormuz, one of the world’s most strategic passages—a vital artery through which about 20 million barrels of…

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