Could a Prolonged Oil Crisis Become the Iran War’s Most Dangerous Global Consequence as the Conflict Engulfs the Middle East?
Posted by bauernebel
Could a Prolonged Oil Crisis Become the Iran War’s Most Dangerous Global Consequence as the Conflict Engulfs the Middle East?
Posted by bauernebel
2 Comments
It’s going to cause a recession at a minimum.
Next year is fucked.
Yes large scale famine is expected in the third world while in the developed world groceries may spike to 20% of household income just like in the past. Fertilizers are in huge shortage at the moment oil is not the only strategic resource being blocked.