Trump and Netanyahu's war decisions could push the world toward economic disaster.
Context
What happened: A commentary piece examines the economic risks of US and Israeli military confrontation with Iran, citing IMF and Reuters reporting on oil flows and prices.
Key numbers: Strait of Hormuz oil flows averaged about 20.9 million barrels per day in the first half of 2025, around 20% of global petroleum liquids
Why it matters: The IMF warned a longer or broader conflict could worsen the outlook, especially for emerging and developing economies. The piece argues reduced Hormuz flows affect transport, electricity generation, industrial production and household budgets worldwide.
Coverage: 4 outlets in 24h