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Strait of Hormuz: Gradual re-opening is no quick fix for developing nations, UN warns

By United Nations••Original source
Strait of Hormuz: Gradual re-opening is no quick fix for developing nations, UN warns

Re-opening the Strait of Hormuz would bring vital relief for many economies, but developing countries will continue to grapple with increased food and fuel costs, according to a new UN report released on Tuesday.

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Re-opening the Strait of Hormuz would bring vital relief for many economies, but developing countries will continue to grapple with increased food and fuel costs, according to a new UN report released on Tuesday.
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