Ongoing war in the Middle East, along with ongoing attacks on shipping in the Strait of Hormuz, has underscored just how vulnerable maritime routes are – and the potentially deadly consequences for those needing lifesaving assistance, the UN World Food Programme (WFP) has warned.
Trade and energy markets are already feeling the strain, with potentially severe consequences – particularly for developing countries. There are growing concerns that continued escalation could trigger the largest disruption in the history of the global oil market.
UN News’ Nancy Sarkis spoke with Frida Youssef, Chief of the Transport Section at the UN Trade and Development (UNCTAD), about the crisis in the Gulf.
Source of original article: United Nations (news.un.org). Photo credit: UN. The content of this article does not necessarily reflect the views or opinion of Global Diaspora News (www.globaldiasporanews.com).
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