The Iran war and resulting Strait of Hormuz blockades have pushed oil prices to a four-year high, with no signs of relief anytime soon. “These consequences are not cumulative. They are exponential,” warns United Nations Secretary-General António Guterres, “And the longer this vital artery is choked, the harder it will be to reverse the damage and the higher the cost to humanity.” Heather Yourex-West reports on the growing global toll of the standoff in the strait and the dire warning from the UN about an impending humanitarian crisis.
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