Published: June 4, 2026 • 5:30 PM IST · Updated: June 5, 2026 • 8:55 AM ISTBy TheBriefWire Editorial Team
Key points
Despite a fragile ceasefire between the United States and Iran, sporadic hostilities and continued uncertainty in the Strait of Hormuz – one of the world's most important energy and shipping corridors – continue to reverberate through global supply chains, pushing up transport and fuel costs and straining aid operations already grappling with severe funding shortfalls.
Real consequences Speaking at UN Headquarters in New York on Thursday, World Food Programme (WFP) Acting Executive Director Carl Skau said warnings issued earlier in the crisis about the knock-on effects of higher energy prices were now materialising in some of the world’s most vulnerable countries.
“Just to illustrate that what we warned against is now playing out in real time in many of these contexts,” he told reporters.