BitcoinWorld BIS Warns Strait of Hormuz Blockade Could Reshape Global Economic Outlook The Bank for International Settlements (BIS) has issued a stark assessment of the potential long-term consequences of a historic blockade of the Strait of Hormuz, warning that the disruption to energy and raw material supplies poses a new and persistent threat to the global economic outlook. In a report released on June 28, the BIS [...] This post BIS Warns Strait of Hormuz Blockade Could Reshape Global Econom