US EditionWar with Iran delivers another shock to the global economy
- On Sunday, crude oil surged to $110 a barrel and U.S. gasoline averaged $3.48 a gallon, marking a sharp energy-price shock.
- Iran's closure of the Strait of Hormuz after February 28 missile strikes killed Ayatollah Ali Khamenei, removing critical flows of 20 million barrels daily with no global excess capacity to replace them.
- Up to 30% of world fertilizer exports pass through the Strait, and every 10% sustained oil-price increase will raise global inflation by 0.4 percentage points, says Kristalina Georgieva.
- U.S. households face about $2,500 a year in extra fuel costs, while White House aides and Cabinet officials face intense pressure to reverse rising energy prices.
- Simon Johnson, MIT economist and 2024 Nobel laureate, urged reopening the Strait, while Neil Shearing said if oil falls back to the $70-to-$80-a-barrel price range the world economy may absorb the shock; spiraling financial chaos might force the president to pull back.
84 Articles
84 Articles
The US airstrikes on Iran have resulted in the loss of all profits this year. Even the biggest hedge funds could not withstand the Iran war. Large hedge funds suffered trillions of won in losses. The Iran war has led to mismatches in bond bets. Some multi-manager funds that trade various assets may be an investment opportunity for volatility. The war between the US, Israel, and Iran has led to volatility in the global financial markets.
Trump is bombing the global economy
So, Donald Trump just TACO’d again, did he? Mere days after insisting he would accept nothing less than “unconditional surrender” from Iran, on Monday he decided “we’ve already won” and that his war would end “very soon”. Oil prices, which had shot up to $120 a barrel earlier in the day, plunged below $90, stocks rallied, bond yields fell. Happy days were here again. Yet when Asian markets opened later in the night, the search for oil and gas res
Why Iran, Not America, Now Controls the Global Energy Economy
This article was originally published by Mike Adams at Natural News. Introduction I have watched, analyzed, and reported on geopolitical shifts for decades, but what we are witnessing in March 2026 is not just another conflict. It is the final, convulsive act of a dying American empire. On February 28, President Donald Trump, in concert with Israel, launched Operation Epic Fury — a massive air campaign aimed at regime change in Iran [1]. The ad…
Modern Diplomacy
ZawyaIran war tests Egypt’s unsteady economy
The U. S.-Israeli conflict with Iran is increasing pressure on Egypt’s already fragile economy. This situation has led to higher energy costs, reduced exports, and foreign investors selling their treasury holdings. Analysts highlight that Egypt, with a population of nearly 120 million, is viewed by many Western nations as crucial for regional stability. Previous unrest […] The post Iran war tests Egypt’s unsteady economy appeared first on Modern…
Coverage Details
Bias Distribution
- 52% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
