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Event Brief

Kuwait Warns of Catastrophic Strait of Hormuz Closure

Kuwait's CEO warns that Iran's blockade of the Strait of Hormuz could devastate the global economy.
WHO: Shaikh Nawaf Al-Sabah
WHAT: Statement on the economic impact of the blockade
WHEN: Mar 24, 2026 at 2:54 PM ET
WHERE: Kuwait
WHY: Iran is blockading the Strait of Hormuz, affecting global trade.
Sources (1): CNBC Top News

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