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Hormuz strains less developed economies

According to UNCTAD, 61 net importers of energy and cereals are severely affected by disruptions to shipping through the Strait of Hormuz amid the war in the Middle East.

  • Disruptions in Strait of Hormuz hurt least developed countries and small island states most.
  • 61 economies identified as dual importers of energy and cereals.
  • Open maritime routes crucial for development and future harvests.

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