As War on Iran Escalates, Asia Scrambles to Deal with Global Energy Fallout
Asian economies reliant on Middle East energy face rising prices and supply risks as global market value drops by $6 trillion, prompting strategic reserve preparations.
5 Articles
5 Articles
The Trump/Netanyahu war on Iran has wiped out $6 trillion from the global stock market
Dubbed by the Internet as “Epstein Fury” and by the Iranian foreign minister as “Epic Mistake”, Trump's and Netanyahu’s war on Iran has become extremely costly for the global business. Trump’s war on Iran continues to reshape global markets amid ongoing escalations. Global equities lost more than $6 trillion in value since the first strikes and threats around the Strait of Hormuz triggered shock across energy and transport markets. "This is the …
The US and Israel's war with Iran, which caused a sharp increase in oil and gas prices, will affect the economies of Europe and Asia more than the United States economy, writes the Financial Times, citing experts.
Alastair Crooke - If Iran survives and stays steadfast, Trump’s resource war on China and BRICS collapses
The U.S.-Israeli war primordially is being waged to create Israeli hegemony across West Asia Alastair Crooke is a former British diplomat, founder and director of the Beirut-based Conflicts Forum Cross-posted from the Strategic Culture online journal The U.S.-Israeli war primordially is being waged to create Israeli hegemony across West Asia. At one level, the conflict is an existential battle, fought out between Iranian missile and intercept ca…
The US-Israeli war on Iran threatens global energy. How is Asia preparing?
US President Donald Trump says the war on Iran may not last much longer. But across Asia, government actions are racing to shield themselves from the fallout – revealing a region gripped by anxiety that an energy shock could revive the spectre of stagflation. Under mounting economic pressure and record oil market volatility, Trump said on Monday that the US-Israeli war on Iran could be over “very soon”, though not within the coming week. The mos…
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