SMH
·general
·1 hour ago
Trump’s video game war has the world in an economic spiral
Trump's blockade of Iranian shipping is driving oil prices higher, with Brent crude hitting four-year highs and risking $180 per barrel by mid-year. Former French energy security chief Thierry Bros warned prices could spiral further if Trump restricts U.S. crude exports. Europe and Asia face recession risks as supply shocks threaten to trigger broader economic turmoil.
Summary by Glance · SMH
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