Tuesday, 02 January 2024 12:17 GMT

Iran-Israel War Threatens Global Economy As Strait Of Hormuz Hangs In Balance


(MENAFN- AzerNews)

As the Iran-Israel conflict enters its third day, the world finds itself not only at the edge of a military escalation but also on the cusp of a potentially devastating economic crisis. In an interconnected global economy, war between two regional powers-especially ones with deep ties to critical energy corridors-can ignite consequences far beyond the battlefield. This time, the fuse may be the Strait of Hormuz.

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