Strait of Hormuz Shock: How a Chokepoint Reshapes Global Trade in 2026
Ship transits through the Strait of Hormuz collapsed 95% in 2026, triggering the largest oil shock in history. UNCTAD warns trade growth will slow to 1.5-2.5% and GDP to 2.6%, with developing nations facing soaring debt distress. Learn how this chokepoint crisis is reshaping global trade and finance.
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