EVENT INFORMATION

21
March
2026

Hormuz disruption carries costs into global food and energy systems

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📅 21 March 2026 📍 Iran

Reuters described sharp supply reductions from the Hormuz closure, rising prices, and risks to food security. War’s economic geography extended far beyond the combatant states: people dependent on fuel, transport, and imported food bore costs without controlling military decisions.

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Workers and households across energy-importing regions

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United Nations economists