BREAKING: Hormuz disruption may have lasting impact on vulnerable economies, UN trade agency says LIVE updates: https://t.co/MZ8kfni49w https://t.co/Xk6Csl0tut News Analysis & Summary The disruption at the Strait of Hormuz, a critical chokepoint for global oil and gas transit, is poised to have severe and lasting consequences for already vulnerable economies, according to a new alert from the United Nations Conference on Trade and Development (UNCTAD). The strait handles about 20% of the world's petroleum and a significant share of liquefied natural gas. Any prolonged instabilitywhether from geopolitical tensions, military confrontations, or environmental hazardscould send energy prices soaring, triggering inflationary pressures and balance-of-payments crises in developing nations that rely heavily on imported fuel. Many low-income countries are already grappling with debt burdens, food insecurity, and climate shocks. This disruption could push them over the edge, leading to social unrest, reduced access to essential goods, and a setback in sustainable development goals. In my opinion, the crisis underscores the urgent need for diversification of energy sources and investment in regional cooperation. The international community must not treat this as a regional issue; it is a global economic stability concern. Diplomatic de-escalation and emergency support mechanisms are critical to prevent a humanitarian and economic catastrophe. Source: @AJENews on X/TwitterPublic Engagement Views: 31,052 Likes: 50 Comments: 4 Shares: 13 Published: June 30, 2026, 12:00 pm