The Price of Recklessness: The Severe Economic Toll of Resumed U.S.-Iran Strikes
With Iran targeting commercial tankers and the U.S. moving to revoke oil sanctions waivers, energy infrastructure is once again a primary battlefield. A prolonged conflict threatens to choke off nearly a fifth of the world's petroleum supply and vital liquefied natural gas (LNG) transits. If these vital shipping lanes remain heavily contested, a permanent risk premium will bake into energy costs, driving oil prices to levels that could trigger a global industrial slowdown.
By Dinesh Dubey @ EW•NN
