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Cyber · The Times of India

Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warns

By ET OnlineJuly 16, 2026 · 1 min read

Global economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating conflict and its impact on energy shipments. Commercial shipping has sharply declined after vessels came under attack and…

The global economy could face fresh headwinds if the disruption in the Strait of Hormuz continues for more than a few weeks, International Energy Agency (IEA) Executive Director Fatih Birol has warne…

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