Brisbane Times · general
The US is dragging the world into turbulent economic waters
2 hours ago
On April 13, 2026, U.S. inflation surged by 0.9 percent in March due to rising energy prices. Donald Trump announced a blockade of the Strait of Hormuz, threatening to disrupt global oil supplies, which could exacerbate inflation and impact growth rates worldwide. Oil prices have soared, with Brent Crude exceeding $102 a barrel following failed mediation talks.
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Summary by Glance · Original reporting by Brisbane Times
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