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OECD warns a prolonged Hormuz energy shock could slam global growth, jobs and prices

· By David Mchugh
Story summary

People stand next to a vendor’s cart on the beach as cargo ships and offshore service vessels are anchored in the Strait of Hormuz, off Bandar Abbas, Iran, Sunday, May 31, 2026. (Amirhosein Khorgooi/ISNA via AP)

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