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Business·22/5/2026ملخص الذكاء الاصطناعي
Strait of Hormuz Closure Threatens Global Recession, Citing Energy Analysts
The closure of the Strait of Hormuz until August could trigger a global recession comparable to the 2008 crisis, according to Bloomberg citing Rapidan Energy Group. Analysts predict significant oil price hikes and demand reduction, potentially exacerbating existing economic vulnerabilities.
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