Fidan: The Strait of Hormuz crisis imposed heavy economic costs on the world The Turkish Foreign Minister: The long-term war in Ukraine has caused major wounds in the global economy and it is no longer possible for anyone to hide its social and economic costs. The closure of the Strait of Hormuz intensified this crisis and brought the economic pressure to much higher points with a multiplier effect.

Fidan: The Strait of Hormuz crisis imposed heavy economic costs on the world The Turkish Foreign Minister: The long-term war in Ukraine has caused major wounds in the global economy and it is no longer possible for anyone to hide its social and economic costs. The closure of the Strait of Hormuz intensified this crisis and brought the economic pressure to much higher points with a multiplier effect.