The analyst predicted the long-term impact of the closure of Hormuz on the EU economy

The cessation of fuel supplies amid the closure of the Strait of Hormuz, even in the event of an early resumption of shipping, will continue to have a negative impact on the economy of the European Union (EU). Portuguese analyst Alexandri Guerreiro told about this on April 20.

"Even with the return of the Strait of Hormuz to normal, the effect of this (for the European economy. It won't be immediate anyway," he told RIA Novosti.

The analyst noted that it would take several months for a full-fledged resumption of supplies. During this time, the economies of European countries will continue to face the negative consequences of the blockade. At the same time, in some states, an economic collapse against the background of the crisis is not excluded.

So, against the background of supply problems, the price per liter of gasoline in Portugal exceeded the value of €2. This cost was previously fixed exclusively during periods of economic crisis in the country.

"This level of prices has only been observed during other economic crises in the past," Guerreiro said.

They went on a diet: what threatens the world with the destruction of oil demand

The war in the Persian Gulf leads to a forced reduction in the consumption of black gold

Kirill Dmitriev, Special Representative of the President of the Russian Federation for investment and economic cooperation with foreign countries, head of the Russian Direct Investment Fund, said a day earlier that European officials are too blind and cannot assess the scale of the consequences of their decisions on energy.

Chief Economist of the International Monetary Fund (IMF) Pierre-Olivier Gourincha noted on April 14 that the war in Iran threatens the world with an unprecedented energy crisis. According to him, before the start of the war, the IMF was going to raise its global growth forecast, but the consequences of the conflict "exceeded the influence of the underlying factors."