US EditionHow the US/Israel War Against Iran Undermines Global Economic Prospects - Antiwar.com Blog
US and Israeli strikes on Iranian oil infrastructure have pushed Brent crude near $120 per barrel, causing market declines and inflation risks, with Asia facing severe economic impacts.
- This past week, the US and Israel escalated airstrikes on Iran, with Trump ordering bombing of 90 targets on Kharg Island, raising Gulf stakes.
- Israel's expansion of an 'obliteration doctrine' intensified drivers of conflict, while a global 10–15% tariff framework risks worsening supply shocks this year.
- Amir Saeid Iravani, Iran's ambassador, reported nearly 10,000 civilian locations damaged, with thousands killed, over 200 children dead, and 3.2 million displaced in Iran plus 800,000 in Lebanon.
- Brent crude peaked near $120 on March 9, as the MSCI AC Asia Pacific Index declined 8.6%, threatening global growth reliant on emerging Asian economies accounting for 60%.
- The Pentagon asked Congress for an additional $50 billion to fund the war, which costs about $1 billion per day, while China is sending special envoy Zhai Jun to the Middle East.
11 Articles
11 Articles
When will the war madness end?
Defense Secretary Pete Hegseth is probably the best person Trump could find to carry out his wishes to be known as something he is not. His boss has taken every opportunity to be known as the “Peace President” while bragging about a brutal war he started with Israel against Iran that is negatively impacting not only America, but also so many of our true friends in the Middle East. I’ve traveled to nearly all the nations there and have friends in…
How the US/Israel War Against Iran Undermines Global Economic Prospects - Antiwar.com Blog
The chaotic conditions created by the US/Israeli war against Iran are now in an escalatory phase. The reverberations will be severe worldwide. Expresso: U.S. President Donald Trump is scheduled to visit Beijing for a high-stakes summit with Chinese President Xi Jinping at the turn of April. Will the trade talks…
US Invests 18 Trillion Won in Iran War; Global Economy Expected to Rebound Significantly Upon End of War. The United States announced on the 15th (local time) that it has invested approximately $12 billion (about 18 trillion won) so far in its military operation against Iran, codenamed "Epic Fury." Kevin Hassett, Director of the White House National Economic Council (NEC), stated on this day at CB...
How the U.S.- Israel War against Iran Undermines Global Economic Prospects
Expresso: U.S. President Donald Trump is scheduled to visit Beijing for a high-stakes summit with Chinese President Xi Jinping at the turn of April. Will the trade talks be threatened by the Middle East War? By destabilizing the entire region, the US/Israeli War poses a risk not only to China, but the entire world, particularly […] The post How the U.S.- Israel War against Iran Undermines Global Economic Prospects appeared first on Modern Diplom…
U.S. Democratic Socialist Senator Bernie Sanders said yesterday that Israel’s first minister – currently a fugitive from the International Criminal Court – Benjamin Netanyahu, “bred President Donald Trump into this horrible (against Iran) and unpopular war. Now he doesn’t know how to get out of it,” he wrote on his X account. Vermont’s independent senator shared figures that reflect the economic and human cost of the war in the Middle East so fa…
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