William Lindsey 1d ago

Richard Partington looks at warnings of economists that Trump's illegal war of choice against Iran may have serious longterm global economic consequences:

"With each day, more problems are emerging. From the soaring price of petrol and diesel for motorists, to cancelled flights and the worst travel disruption since the Covid pandemic."

#Trump #Iran #war #oil #gas #fertilizer #crops #agriculture #food #FoodPrices #EnergyBills #travel #AirTravel
/1

https://www.theguardian.com/news/ng-interactive/2026/mar/22/iran-war-global-economy-donald-trump-oil-prices-inflation

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say experts

The Guardian
Show threadWilliam Lindsey 1d ago

Oil, gas, fertilizer, crops, food, rise in food prices, food shortages, skyrocketing costs for air travel, disruptions in air travel, higher energy bills: all of these are already being affected by the war and experts warn that the effects may be more widespread and longstanding than many of us yet realize.

#Trump #Iran #war #oil #gas #fertilizer #crops #agriculture #food #FoodPrices #EnergyBills #travel #AirTravel
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Show threadWilliam Lindsey 20h ago

"If you want to understand how things are going in Iran and why it looks increasingly likely that the United States is going to lose this thing in every sense that matters, follow the oil money. …

This war is fundamentally about who can stand the pain. It’s the United States doing lots of damage to Iran, but the Iranian government seems to think it can handle that."

~ Paul Krugman

#Trump #Iran #war #oil #gas
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https://paulkrugman.substack.com/p/iranian-oil-still-shipping

Iranian Oil, Still Shipping

And why that says America is losing

Paul Krugman
Show threadWilliam Lindsey 

"And the Iranians trying to inflict enough pain through hurting the world’s supply of oil that the United States ceases and desists.

And given the behavior, who would you bet on in this situation? …

A world in which the United States loses this war is going to be really a very dangerous world for all of us. But I’m afraid that that’s the direction we’re heading."

#Trump #Iran #war #oil #gas
/4

Mar 22 at 9:52pmWeb
Show threadWilliam Lindsey 20h ago

"President Trump gave Iran a 48-hour ultimatum to reopen the Strait of Hormuz or face U.S. strikes on its energy infrastructure. Iran warned it would retaliate by targeting U.S. and regional energy assets, further escalating tensions in the ongoing war. The standoff has disrupted a key global oil route, causing oil prices to surge and raising concerns about economic impacts worldwide."

~ Aaron Parnas

#Trump #Iran #war #oil #gas
/5

https://aaronparnas.substack.com/p/news-trump-claims-democrats-are-americas

NEWS: Trump Claims Democrats are America's Greatest Enemy, ICE Deploys to Airports, Iran Threatens Massive Retaliation, Cuba Prepares for War

Good afternoon everyone.

The Parnas Perspective
Show threadWilliam Lindsey 20h ago

"Meanwhile, missile exchanges between Iran and Israel continue to intensify the broader regional conflict.

Iran warned it would 'irreversibly destroy' Middle East infrastructure if the U.S. attacks its energy facilities, escalating tensions in the ongoing war."

#Trump #Iran #war #oil #gas
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