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6.4
Trade expert warns US-Iran escalation could trigger maritime trade collapse and famines
PerfilLO·US · IR·3 days ago
A UN Trade and Development report warns that rising energy, freight, insurance, and financing costs from Strait of Hormuz disruptions disproportionately burden small and medium enterprises, especially in developing economies. The report highlights a structural risk to global value chain inclusivity, though specific data and policy recommendations remain unspecified. This signals a potential long-term shift in trade dynamics favoring larger firms.
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