Iran war sparks oil shock, 21% gas spike, and stagflation fears. Consumer confidence hits all-time low as midterms approach.
Browsing: Economy
War has cost Iran 2 million jobs, destroyed 23,000 factories, and pushed 4 million more toward poverty. 72% inflation.
Trump is strangling Iran’s economy—not bombing it. Crippled industries, a collapsed rial, and a frozen stock exchange prove it.
IMEC rebuilt without Israel as center. Saudi rail to Jordan, Qatar-Saudi MOU, UAE pivots to Mediterranean exits. Diversification, not normalisation.
Hormuz is an economic nuclear option. Iran holds it open to force a deal as US inflation mounts and Trump scrambles.
Pre-war data showed global resilience. Iran war now threatens inflation spikes, energy shocks, and fiscal strain for import-dependent economies.
UAE warns it may use yuan for oil if dollar access fails. Not financial distress—political leverage after absorbing Iranian missile barrages.
Eleven of 13 major economies are more energy-vulnerable than a decade ago. COVID lessons on supply chain security went unlearned.
Markets see a temporary shock. Energy infrastructure damage and supply chaos will last months. A reckoning is coming.
Thirteen percent of global oil supply is offline. Strategic reserves run dry by late April. Ration now or face catastrophe.