World economy in ‘crisis’ amid Hormuz closure: Turkish FM

ANKARA, Sept 13: Turkish Foreign Minister HakanFidan is giving a news conference now in the Damascus with his Syrian counterpart Asaad al-Shaibani, where he has addressed the economic impact of the US-Israeli war on Iran.

“The region’s and world’s economy has entered a crisis following the events in the Strait of Hormuz,” he said.

Iranian Foreign Minister Abbas Araghchi says Monday’s Strait of Hormuz meeting between Tehranand several Gulf states could be the start of ongoing discussions between the countries.

“It can be hoped that this same dialogue, if there is political will, will provide a basis for subsequent consultations on other issues of interest to the countries of the region,” Araghchi told Al-Araby Al-Jadeed.�" AL JAZEERA