13 Jun 2026 World
World
13 Jun 2026
15:41

World

War in Iran has global consequences: fuel prices, economic shocks ahead

‼️War in Iran has global consequences. In Asia, Europe, and the United States.

"Gasoline prices are simply crazy. This is a good indicator of the problems here. Our economy will be in an even worse state. We are in for a shock. An oil shock, a helium shock, a sulfur shock, an ammonia shock. You know, these are fertilizer components.

☝🏼So in a few months, we are facing a real shock. And this is just before the elections. By November, the economy will be in very bad shape, and the public will be truly angry," said Clifford Kiracof, former staff member of the U.S. Senate Committee on Foreign Relations.

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