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U.N. chief: Gulf escalation is feeding global instability, disrupting Hormuz trade and energy markets
Summary
The Secretary‑General said six months of military escalation in the Gulf are collapsing trade through the Strait of Hormuz, disrupting energy markets and worsening food and supply‑chain pressures worldwide, and urged diplomacy to restore navigation rights.
The Secretary‑General told the press that what began as a regional conflict in the Gulf has expanded into a driver of global instability and must be checked. "We are now 6 months into the military escalation in The Gulf," he said, warning that trade through the Strait of Hormuz has collapsed and energy markets have been disrupted.
He linked the security crisis to rising food and fertilizer prices and stressed that international navigation rights and freedoms in and around the Strait of Hormuz and the Bab al‑Mandeb must be fully restored so that diplomacy can prevail. He said the U.N. will work with guarantors and the parties to create conditions for de‑escalation and for forthcoming diplomatic meetings to succeed.
