GLOBAL ECONOMY
Triple Shock of War, Tariffs, and Blockade: The Reality of April 2026 Faced by the Global Economy and South Korea
With the blockade of the Strait of Hormuz effectively cutting off the transportation of crude oil and LNG produced in the region, an unprecedented shock is being dealt to the global energy supply chain. As of April 23, 2026, a Middle East-originated energy crisis and U.S. tariff shocks are simultaneously striking the global economy.
With the blockade of the Strait of Hormuz effectively cutting off the transportation of crude oil and LNG p…
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