Nouriel Roubini on BizNews: Four Scenarios for the Iran War
4 Articles
4 Articles
It has been a month since a cease-fire interrupted the Israeli and American bombings on Iran. Nevertheless, the iron arm continues in the Strait of Ormuz, where international navigation is trapped by a double Iranian and American blockade. In this context, Iran claims to be still in the process of considering the proposal for an agreement from the United States.
Nouriel Roubini on BizNews: Four scenarios for the Iran War
Key topics:Iran retains control of Strait of Hormuz amid ceasefireGlobal stagflation fears rise as oil prices surgeFour scenarios outlined for US-Iran conflict outcomeSign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox every morning on weekdays. Register here.Support South Africa's bastion of independent journalism, offering balanced insights on …
By Nouriel Roubini, Project Syndicate.NEW YORK- After beheading the Iranian regime and bombarding positions of the Islamic Revolutionary Guard Corps for 40 days, the Trump administration has failed to obtain surrender and has left Iran in control of the Strait of Hormuz. Faced with Iran's attacks on critical infrastructure in the Gulf Cooperation Council states and threats to maritime transport, the United States returned to TACO mode (Trump alw…
Markets are underestimating the risks of a standoff in Hormuz and the looming inflation.
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