- Global economic growth is being slowed due to lingering shocks and geopolitical tensions, with stability relying on free transit through the Strait of Hormuz.
- Risk to the Strait of Hormuz is affecting oil prices and driving up energy costs and inflation.
- Nuclear exchange threatens global economic collapse due to ongoing conflict between the US and Iran.
- Bilateral talks were held and the U.S. lifted the oil tanker blockade in an effort to end the war.
The U.S. and Iran have agreed to end the war, which has resulted in gasoline price surges.
2 reports, 2 independent
Updated Jun 18
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What happened
The U.S. and Iran have agreed to end the war, which has resulted in gasoline price surges.