UK to ‘flirt’ with recession as Iran war oil shock bites

    https://news.sky.com/story/uk-to-flirt-with-recession-as-iran-war-oil-shock-bites-report-warns-13533971

    Posted by VulcanSpark

    8 Comments

    1. RichIndependence8930 on

      I love how all of the articles are about the West (Australia/NZ, US/Canada, and western (and central kinda?) Europe.

      These places will see recessions, while other countries will potentially face literal economic collapse and famine. In particular, India/SEA, Japan/Taiwan, Papau New Guinea, LATAM, and Africa

    2. Many of the poorer nations produce oil and refined products. Most are self sufficient in food production. They will be less impacted than many rich Western nations. My country Australia, incredibly energy rich, went all sanctimonious, closed production, and imports everything. With our vast territory and tiny population we are facing food shortages! 😂 .

      The UK, like my country, chose to shut down oil and gas production. It chose, by popular vote, to close the mines and factories. It chose to limit food production.

      No sympathy.

    3. Technical_Purple_847 on

      Does anybody have an over-under on Trump saying that the UK should take over Iranian oil fields?

      “blah blah blah. IF THOSE SPINELESS BASTARDS didn’t give up those oil fields 70 YEARS AGO to the Muslim TERRORISTS known as the IRGC. Did anybody ever tell you that Winston “Fat” Churchill had to beg the US to bail them out of WORLD WAR 1 AND 2? Blah blah blah”

      Sorry if I offended anybody, I had to get into character as an insider trader living at the White House

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