World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala has warned that the global trading system is facing its most severe disruption in 80 years. She made the remark during the opening session of the WTO ministerial conference, emphasizing the scale of the challenges confronting the global economy.

The warning comes as global energy markets experience turmoil following U.S.-Israeli attacks in Iran. Tehran has nearly halted shipping through the Strait of Hormuz, a vital route that handles about 20 percent of the world’s energy supply. This disruption has intensified instability in global energy flows and heightened concerns about broader economic impacts.

The WTO chief’s statement underscores the growing strain on international trade and supply chains, with energy insecurity adding to existing global economic pressures.