COMPAMIR
High-Purity Fact Pipeline
High-Purity Fact Pipeline
UN, World Food Programme (WFP), UNICEF, UNCTAD
Global, Strait of Hormuz
June 4, 2026
"UN agencies warn that instability in the Strait of Hormuz is driving up fuel and transport costs, leading to a food security crisis. Rising costs are impacting humanitarian aid operations and increasing hunger in vulnerable countries like Somalia, Afghanistan, and Sri Lanka. UNCTAD estimates that a sustained 50% increase in oil prices could add over $20 billion annually to the import bills of vulnerable economies."
Author: Daniel Yergin
Daniel Yergin's masterpiece provides the definitive history of the global oil industry and explains why the Strait of Hormuz remains the most critical geopolitical chokepoint for global energy security and economic stability.