Donald Trump Iran Oil War
As Iran’s effective blockade of the Strait of Hormuz drives up global oil prices, US fuel costs have surged to their highest levels in years. Nearly five weeks into the war involving the United States, Israel and Iran, the conflict has expanded beyond the battlefield into a global economic shock, with energy supplies disrupted and oil markets under pressure. At the centre of this crisis is the Strait of Hormuz, a narrow but critical waterway through which about one-fifth of the world’s oil and liquified natural gas passes. It is against this backdrop that US President Donald Trump publicly told…
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