Fidan: The Strait of Hormuz crisis has imposed heavy economic costs on the world Turkey's 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 levels with a multiplier effect.

Fidan: The Strait of Hormuz crisis has imposed heavy economic costs on the world Turkey's 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 levels with a multiplier effect.