The closure of the narrow waterway, which normally carries around a fifth of global Liquified Natural Gas supplies, will have a rippling impact beyond the Middle East, Maximo Torero warned. The strain on supply chains caused by the blocking of the Strait of Hormuz by both Iran and the United States puts the international community at risk of a global food crisis, the chief economist of the Food and Agriculture Organization of the United... [4573 chars]
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