90% of the World's Businesses Face the Biggest Hormuz Risk, UN Report Finds

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UN Trade and Development says disruptions in the Strait of Hormuz could push small firms out of global value chains, even after trade volumes recover. The agency calls the danger an exclusion effect. It argues that Hormuz risk lands hardest on companies that cannot spread costs across multiple suppliers, markets, and lenders. Small Firms CarryThe post90% of the World's Businesses Face the Biggest ...