The National · 18 Jun 2026
Globalisation is changing and countries need to be ready
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 glob
AI Translated Summary:
The recent US and Israel attacks on Iran have destabilized global markets, particularly through the closure of the Strait of Hormuz. This event highlights the urgent need for countries to adapt to the changing landscape of globalization.
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