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U.N.: “Let the global economy breathe”

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April 30, 2026

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U.N. Secretary-General António Guterres warned Thursday of a global recession if the Strait of Hormuz remains closed amid the Iran war, choking off global trade and driving up energy prices.

“The Middle East crisis is lumbering into its third month. Despite a fragile ceasefire, the consequences grow dramatically worse with each passing hour,” he said at U.N. headquarters in New York.

The ongoing blockade of the strait is preventing the flow of oil, gas, fertilizer and other critical commodities, which he said is “strangling the global economy,” particularly impacting developing nations.

“The longer this vital artery’s choked, the harder it would be to reverse the damage, and the higher the costs to humanity,” the secretary-general said.

Mr. Guterres called on all parties involved in the conflict to adhere to international law by ensuring freedom of navigation, warning that continued disruptions could further strain global trade and economic stability.

“My message to all parties is clear. Navigational rights and freedoms must be restored immediately,” he said. “Open the Strait, let all ships pass, let the global economy breathe again.”

#middleeast #un #straitofhormuz #iran #cspan

Guests & Subjects Covered

U.N.UN Secretary-General Antnio GuterresThe Middle EastNew York TheMr Guterres

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U.N.: “Let the global economy breathe” · C-SPAN · Sentinel