Ending the Trump-Netanyahu War in the Middle East, by Jeffrey D. Sachs and Sybil Fares
The Israel-US war on Iran is engulfing the entire Middle East and could escalate to global war. The economic consequences are already severe and could become catastrophic. The Strait of Hormuz carries approximately one-fifth of all oil traded globally, and 30 percent of the world’s LNG. A sustained closure of the Strait would trigger an…
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