{
  "id": 3205698,
  "title": "How the World Adapted to the Strait of Hormuz Crisis",
  "url": "https://urgent.news/2026/08/25/how-the-world-adapted-to-the-strait-of-hormuz-crisis",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T06:16:42.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/videos/2026-08-25/how-the-world-adapted-to-the-strait-of-hormuz-crisis-video"
  },
  "original_language": "en",
  "account": null,
  "summary": "The world adapted to the crisis in the Strait of Hormuz, a vital channel for international commerce and the energy trade, which was disrupted by the US-Iran war. According to Bloomberg, markets proved more resilient than expected despite around 20 million barrels of oil a day being affected.\n\nChina and Jordan issued a joint statement calling for the reopening of the strait to shipping and a ceasefire between the US and Iran. They also sought a \"comprehensive solution\" to the tension through dialogue and negotiation, with full respect for regional countries' sovereignty and territorial integrity, Reuters Business reported.\n\nThe crisis has had a significant impact on global supply chains, but details on the full extent of the disruption and the world's adaptation to it are limited. Bloomberg Intelligence released a special report examining how the world adapted to the crisis and whether it marked a turning point for global supply chains.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Gulf News",
        "title": "China's Xi Jinping urges 'diplomatic' Mideast solution in talks with Jordan's king",
        "url": "https://urgent.news/2026/08/24/chinas-xi-jinping-urges-diplomatic-mideast-solution-in-talks-with",
        "published": "2026-08-24T13:30:57.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "China and Jordan call for Strait of Hormuz to get back to normal after US-Iran conflict",
        "url": "https://urgent.news/2026/08/24/china-and-jordan-call-for-strait-of-hormuz-to-get-back-to-normal",
        "published": "2026-08-24T13:48:26.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}