Iran refuses to elevate Strait of Hormuz blockade, testing fragile ceasefire | DW News
Growing doubts over the US-Iran ceasefire have pushed oil prices sharply higher, after Iran once again closed the Strait of Hormuz, saying it will not lift the blockade of the vital waterway unless Israel ends its attacks on Lebanon.
How far could the fallout from the conflict involving Iran disrupt global supply chains and weigh on the world economy? DW spoke with Ben Farrell, CEO of the Chartered Institute of Procurement & Supply in the UK, and Beata Javorcik of the European Bank for Reconstruction and Development.
Chapters:
00:00 Strait of Hormuz blockade explained
01:57 Iran war disrupts supply chains, says Ben Farrell
08:35 Beata Javorcik on the wider economic impact
#iranwar #iran #straitofhormuz #unitedstates #dwnews
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