Disruptions in oil transportation through the Strait of Hormuz continue to pose growing risks for global energy supplies and economic stability.

Axar.az reports that this was stated in a joint statement by leaders from the International Energy Agency, International Monetary Fund, World Bank Group, and World Trade Organization.

The statement comes as global shipping through the Strait of Hormuz remains far below pre-war levels despite diplomatic efforts aimed at easing tensions and restoring commercial traffic.

“The four organizations cautioned that if shipping flows do not return to normal, continued inventory drawdowns ahead of peak Northern Hemisphere summer demand could create broader risks for fuel security and global economic resilience,” the statement said.