U.S.-Iran Conflict Escalates; Military Escalation: Israeli authorities signal “imminent” powerful airstrikes while Tehran threatens “novel weapons” against U.S. naval and land targets. Economic Fallout: Global oil prices hit record highs as the closure of the Strait of Hormuz triggers an inflationary “crusade” across world economies. Political Friction: President Trump blasts German Chancellor Merz for “interfering” … Continue reading Global Markets Shudder as U.S.-Iran Conflict Escalates; Crude Prices Hit Record Highs