Could Trump's Iran war tank the global economy?
The Iran war rages on, oil prices continues to surge, and inflation spikes. When will we be in a global recession? Do I see stagflation coming back? Can military action open and secure the Strait of Hormuz? And is there any way to Order our way out of this Disorder?
This week, Jason Pack and Mark Lobel discuss the big picture economic problems of the Iran war, including: America’s doomed insurance and military proposals to get oil moving through the Strait of Hormuz again, the colossal impact of continued closure on the global economy; America’s and Britain’s relationships with their Gulf allies; what rising oil prices mean for Russia’s war on Ukraine; why China could be a surprise Orderer in this (if they chose to play the part); Starmer’s triangulating response to this crisis; and – as they Order the Disorder – the role Britain and Europe could play in mediating this conflict.
Show Notes Links:
Listen: OIES Podcast – The US-Israeli War with Iran: Continuing Impacts on Oil Markets
https://open.spotify.com/episode/2kLZ...
Nations Respond With Caution to Trump’s Call to Send Warships to Strait of Hormuz: https://www.nytimes.com/2026/03/15/wo...
Is Trump having another Taj Mahal moment on our YouTube channel:
• Is Trump having another Taj Mahal moment?
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