At the United Nations, diplomats from dozens of countries on Monday demanded the reopening of the Strait of Hormuz, while a resolution calling for reopening the waterway was blocked by China and Russia. U.N. Secretary-General António Guterres warned of a global food emergency after the U.S.-Israeli war on Iran triggered a crisis that sent the cost of fuel, fertilizer and other commodities soaring.
Secretary-General António Guterres: “Economic shock has been immediate, and everyone is paying the price: acute volatility in energy and commodity markets, surging transport and insurance costs and the worst supply chain disruption since COVID-19 and the war in Ukraine. These pressures are cascading into empty fuel tanks, empty shelves and empty plates.”









