{"id":123751,"date":"2026-03-11T12:37:31","date_gmt":"2026-03-11T07:37:31","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=123751"},"modified":"2026-03-11T12:37:31","modified_gmt":"2026-03-11T07:37:31","slug":"strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/","title":{"rendered":"Strait of  Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report"},"content":{"rendered":"<div class=\"elementor-element elementor-element-550b7e33 elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget-mobile__width-inherit cmsmasters-block-default cmsmasters-sticky-default elementor-widget elementor-widget-cmsmasters-post-content cmsmasters-widget-content elementor-widget-theme-post-content\" data-id=\"550b7e33\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"cmsmasters-post-content.default\">\n<div class=\"entry-content\">\n<div>UNITED NATIONS, Mar 11 (APP):Disruptions to shipping through the Strait of Hormuz are raising alarm across global energy, shipping, and agricultural markets, with the potential to hit developing economies particularly hard, according to a new analysis released by the United Nations Conference on Trade and Development (UNCTAD) on Tuesday.<\/div>\n<div><\/div>\n<div>The report, titled \u2018Strait of Hormuz Disruptions \u2013 Implications for Global Trade and Development\u2019, examines the economic ripple effects of escalating tensions in the region and the resulting disruption to maritime traffic through one of the world\u2019s most critical trade corridors.<\/div>\n<div><\/div>\n<div>The Strait of Hormuz carries roughly one-quarter of global seaborne oil trade, along with significant volumes of liquefied natural gas and fertilizers. The narrow passage between Iran and Oman connects the Persian Gulf to the Gulf of Oman and the Arabian Sea, making it one of the most strategically important chokepoints in global shipping.<\/div>\n<div><\/div>\n<div>According to the analysis, the impact on markets was immediate. Brent crude prices quickly surged above US $ 90 per barrel, while tanker freight rates and war-risk insurance premiums climbed sharply as shipowners and insurers reassessed the growing security risks. Rising marine fuel costs are also pushing up shipping expenses across global supply chains.<\/div>\n<div><\/div>\n<div>The disruption is also raising concerns about agricultural inputs, a risk that often receives less attention than energy markets. UNCTAD estimates that around one-third of global seaborne fertilizer trade, about 16 million tonnes annually, passes through the Strait of Hormuz, making the corridor a critical artery for fertilizer supplies bound for emerging and developing economies.<\/div>\n<div><\/div>\n<div>Supply disruptions could therefore ripple far beyond energy markets, potentially affecting food production and food prices in vulnerable regions.<\/div>\n<div><\/div>\n<div>\u201cDisruptions in this corridor could impact energy and agricultural supply chains and drive up costs for shipping and insurance,\u201d the report warns, adding that fertilizer availability could become a major concern for countries already struggling with food insecurity.<\/div>\n<div><\/div>\n<div>UNCTAD cautions that developing economies may face the greatest exposure to the shock. Many already carry high debt burdens and limited fiscal space, reducing their ability to absorb rising import costs for energy and agricultural inputs.<\/div>\n<div><\/div>\n<div>The agency notes that recent crises, including the COVID-19 pandemic and the war in Ukraine, demonstrated how quickly disruptions in energy, transport, and agricultural inputs can cascade across global markets.<\/div>\n<div><\/div>\n<div>Those earlier shocks triggered sharp increases in energy prices, fertilizer shortages, and rising food costs that disproportionately affected lower-income countries.<\/div>\n<div><\/div>\n<div>The Hormuz disruption highlights the fragility of global supply chains when critical maritime chokepoints are affected, it was pointed out. With such a large share of global energy and fertilizer trade concentrated in a single corridor, even temporary disruptions can reverberate across multiple sectors of the global economy.<\/div>\n<div><\/div>\n<div>UNCTAD says the latest disruption underscores the need for resilience in global trade networks and the importance of safeguarding maritime corridors that underpin the flow of energy, food, and essential commodities.<\/div>\n<div><\/div>\n<div>Founded in 1964, UNCTAD serves as the United Nations\u2019 leading body on trade and development, supporting 195 member states with economic analysis, policy advice, and technical assistance aimed at promoting inclusive and sustainable development.<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>UNITED NATIONS, Mar 11 (APP):Disruptions to shipping through the Strait of Hormuz are raising alarm across global energy, shipping, and agricultural markets, with the potential to hit developing economies particularly hard, according to a new analysis released by the United Nations Conference on Trade and [&#8230;]<\/p>\n<p>\n","protected":false},"author":2,"featured_media":123752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[270,2],"tags":[],"class_list":["post-123751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","category-latest-world-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report - Pakistan News International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report - Pakistan News International\" \/>\n<meta name=\"twitter:description\" content=\"UNITED NATIONS, Mar 11 (APP):Disruptions to shipping through the Strait of Hormuz are raising alarm across global energy, shipping, and agricultural markets, with the potential to hit developing economies particularly hard, according to a new analysis released by the United Nations Conference on Trade and [...]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/\"},\"author\":{\"name\":\"News Desk\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f\"},\"headline\":\"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report\",\"datePublished\":\"2026-03-11T07:37:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/\"},\"wordCount\":516,\"publisher\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg\",\"articleSection\":[\"Top News\",\"World\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/\",\"url\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/\",\"name\":\"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report - Pakistan News International\",\"isPartOf\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg\",\"datePublished\":\"2026-03-11T07:37:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage\",\"url\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg\",\"contentUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg\",\"width\":660,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pni.net.pk\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pni.net.pk\/en\/#website\",\"url\":\"https:\/\/pni.net.pk\/en\/\",\"name\":\"Pakistan News International\",\"description\":\"Latest News, Breaking News from Pakistan\",\"publisher\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pni.net.pk\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/pni.net.pk\/en\/#organization\",\"name\":\"Pakistan News International\",\"url\":\"https:\/\/pni.net.pk\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg\",\"contentUrl\":\"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg\",\"width\":431,\"height\":121,\"caption\":\"Pakistan News International\"},\"image\":{\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f\",\"name\":\"News Desk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pni.net.pk\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g\",\"caption\":\"News Desk\"},\"url\":\"https:\/\/pni.net.pk\/en\/author\/zafarmalik\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report - Pakistan News International","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/","twitter_card":"summary_large_image","twitter_title":"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report - Pakistan News International","twitter_description":"UNITED NATIONS, Mar 11 (APP):Disruptions to shipping through the Strait of Hormuz are raising alarm across global energy, shipping, and agricultural markets, with the potential to hit developing economies particularly hard, according to a new analysis released by the United Nations Conference on Trade and [...]","twitter_image":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg","twitter_misc":{"Written by":"News Desk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#article","isPartOf":{"@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/"},"author":{"name":"News Desk","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f"},"headline":"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report","datePublished":"2026-03-11T07:37:31+00:00","mainEntityOfPage":{"@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/"},"wordCount":516,"publisher":{"@id":"https:\/\/pni.net.pk\/en\/#organization"},"image":{"@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage"},"thumbnailUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg","articleSection":["Top News","World"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/","url":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/","name":"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report - Pakistan News International","isPartOf":{"@id":"https:\/\/pni.net.pk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage"},"image":{"@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage"},"thumbnailUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg","datePublished":"2026-03-11T07:37:31+00:00","breadcrumb":{"@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#primaryimage","url":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg","contentUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2026\/03\/hurmz.jpg","width":660,"height":360},{"@type":"BreadcrumbList","@id":"https:\/\/pni.net.pk\/en\/top-news\/strait-of-hormuz-shipping-disruptions-heighten-risks-for-vulnerable-economies-unctad-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pni.net.pk\/en\/"},{"@type":"ListItem","position":2,"name":"Strait of Hormuz shipping disruptions heighten risks for vulnerable economies: UNCTAD report"}]},{"@type":"WebSite","@id":"https:\/\/pni.net.pk\/en\/#website","url":"https:\/\/pni.net.pk\/en\/","name":"Pakistan News International","description":"Latest News, Breaking News from Pakistan","publisher":{"@id":"https:\/\/pni.net.pk\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pni.net.pk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/pni.net.pk\/en\/#organization","name":"Pakistan News International","url":"https:\/\/pni.net.pk\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/","url":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg","contentUrl":"https:\/\/pni.net.pk\/en\/wp-content\/uploads\/2021\/12\/site-logo.jpg","width":431,"height":121,"caption":"Pakistan News International"},"image":{"@id":"https:\/\/pni.net.pk\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/person\/2b326eefbddc9c3b180116b6f37cce9f","name":"News Desk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pni.net.pk\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e9ad84679b4a782d4fff9ca3763ebbd7e2cb1b0bb77b91492bba01714a2b4f?s=96&d=mm&r=g","caption":"News Desk"},"url":"https:\/\/pni.net.pk\/en\/author\/zafarmalik\/"}]}},"_links":{"self":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts\/123751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/comments?post=123751"}],"version-history":[{"count":1,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts\/123751\/revisions"}],"predecessor-version":[{"id":123753,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/posts\/123751\/revisions\/123753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/media\/123752"}],"wp:attachment":[{"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/media?parent=123751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/categories?post=123751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pni.net.pk\/en\/wp-json\/wp\/v2\/tags?post=123751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}