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Trump’s video game war has the world in an economic spiral

Analysts warn the supply shock could lift oil to $180 a barrel and deepen recession risks across Europe and global markets.

We need an immediate peace deal in the Gulf for major economies across the globe to avoid falling into recession. But that requires an end to wishful thinking in the Oval Office.

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Bias Distribution

  • 67% of the sources lean Left
67% Left

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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, May 5, 2026.
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