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Global20 Apr

Asia-Pacific warns of Iran war fallout

Officials across the Asia-Pacific warn the economic and social impact of the Iran war is worse than expected, risking unrest and recession if the Strait of Hormuz remains closed.

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Monday, 20 April 2026 at 06:29 UTC
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Officials and experts across the Asia-Pacific region report the economic and social impact of the Iran war has been more severe than anticipated. They warn that several countries could be pushed into unrest and recession if the Strait of Hormuz remains closed for a few more weeks. The assessment, reported by The New York Times, highlights the widening global economic consequences of the conflict beyond the Middle East.
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