UN-Hormuz Strait/Report
UN-Hormuz Strait/Report
Dateline : April 1, 2026/Recent/File
Location : United Nations
Duration : 2'11
Beijing, China - April 1, 2026 (CCTV - No access Chinese mainland)
1. Screenshots of report by UN Trade and Development
2. Screenshot of joint statement issued by International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group
FILE: Paris, France - Oct 13, 2021 (CCTV - No access Chinese mainland)
3. Building of IEA
FILE: Paris, France - July 3, 2017 (CCTV - No access Chinese mainland)
4. logo of IEA
FILE: Washington D.C., USA - Oct 15, 2025 (CCTV - No access Chinese mainland)
5. IMF headquarters
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
6. IMF logo
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
7. Various of World Bank Group headquarters; sign of World Bank, pedestrians
FILE: Strait of Hormuz - 2011 (CCTV - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
8. Aerial shot of island at Strait of Hormuz
9. Boats sailing through Strait of Hormuz
FILE: Kharg Island, Iran - 2016-2018 (CGTN - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
10. Various of Kharg Island, oil facilities
FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
11. Various of oil field facilities, pipelines, fire
Warsaw, Poland - Recent (CCTV - No access Chinese mainland)
12. Various of gas station, board showing prices, resident refueling car
Berlin, Germany - March 6, 2026 (CCTV - No access Chinese mainland)
13. Gas station; gas price sign
Los Angeles, California, USA - Recent (CGTN - No access Chinese mainland)
14. Various of price board, people refueling cars at gas station
FILE: Miami, Florida, USA - May 2025 (CGTN - No access Chinese mainland)
15. Various of consumers shopping at store
FILE: Los Angeles, USA - Date Unknown (CGTN - No access Chinese mainland)
16. Various of containers, vessels at port
The Strait of Hormuz transit has remained "at a near halt" over the past month, disrupting energy shipment and affecting the global economy, the latest data from the UN Trade and Development (UNCTAD) showed on Wednesday.
According to the UNCTAD, the maritime traffic through the Strait of Hormuz has fallen by about 95 percent since the U.S.-Israel-Iran conflict, bringing shipping across the strait close to a standstill.
UNCTAD also forecasts that global merchandise trade growth will stand at 1.5 to 2.5 percent in 2026, slowing down from 4.7 percent in 2025.
The agency warned the halt of transit in the Strait of Hormuz could fuel inflation through higher energy prices and the cost of living.
It urged governments to adopt policies to stabilize prices and empower development banks to provide emergency financing.
To tackle the energy and economic impacts of the conflicts in the Middle East, the heads of the International Energy Agency (IEA), International Monetary Fund, and World Bank Group issued a joint statement on Wednesday, saying that they have agreed to form a coordination group to maximize their respective institutions' response to the energy and economic impacts of the ongoing crisis.
The conflicts in the Middle East have caused major disruptions to lives and livelihoods in the region and triggered one of the largest supply shortages in global energy market history, said the joint statement, adding that the three institutions are committed to working together to safeguard global economic and financial stability, strengthen energy security, and support affected countries and people.
Also on Wednesday, Fatih Birol, head of the IEA, said that about 40 key energy facilities have been damaged in the Middle East due to the conflicts, with more than 12 million barrels of oil lost.
He warned that the loss of oil supply in April will be twice the oil loss in March if the conflicts continue.
The IEA is considering a further release of strategic reserves to stabilize the market, said Birol.
ID : 8472970
Published : 2026-04-02 14:02
Last Modified : 2026-04-02 20:25:54
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : See shotlist
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