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flag IEA chief warns of major global economic threat from Strait of Hormuz tensions amid Iran-related conflict.

flag The head of the International Energy Agency warned that the global economy faces a "major, major threat" due to escalating tensions in the Strait of Hormuz, a critical oil shipping route, amid the ongoing conflict involving Iran. flag The situation has raised concerns over potential disruptions to oil supplies, which could impact global energy markets and economic stability.

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