Earlier this week, President Donald Trump threw a spanner in the works by announcing a blockade of the Strait of Hormuz, the world’s most critical energy corridor, after initial peace talks in Pakistan reached an impasse over Iran’s nuclear ambitions. Today, we're unpacking what this escalation means for your bottom line.
USSC Director of Research Jared Mondschein spoke with Mamamia to discuss whether these high-stakes diplomatic moves will lead to lasting stability or a global recession.