Benzinga
Economist Mohamed A. El-Erian warned that a potential "blockade of the blockade" in the Strait of Hormuz could disrupt global energy flows, raising risks of supply shocks and higher prices. He flagged mounting pressure on Iran's revenues, tighter oil access for importers like China and Pakistan, and an increased likelihood of direct U.S.–Iran conflict with broader economic fallout. Importance Rank: 1 read more
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