Pakistan, June 23 -- United Nations Secretary-General Antonio Guterres on Tuesday warned that the escalating conflict in the Middle East has triggered what he called the "mother of all energy shocks." He said the crisis threatens global economic stability and could have severe consequences for vulnerable nations. The warning is significant because rising energy costs can quickly affect inflation, food prices, and economic growth worldwide.

In a statement shared on social media, Guterres said the impact of the conflict extends far beyond energy markets. He stressed that many developing countries face a combination of economic pressures that could worsen existing challenges. According to the UN chief, the crisis is creating risks that reac...