Globalisation is changing and countries need to be ready | The National
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Source: The National (UAE)
Published: 2026-06-18 13:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Economy & Finance, Business & Economy
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Snippet:
Nature, it is said, abhors a vacuum. So, too, do the markets. When the US and Israel attacked Iran on February 28, the subsequent closure of the Strait of Hormuz proved to be one of the most destabilising events to hit the worldwide economy in recent decades. It also accelerated an evolution in globalisation as workarounds emerged.
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