Financial Times’ chief economics commentator Martin Wolf says the Middle-East conflict has triggered the worst energy shock since 1973, warning that the global economy faces a long, painful disruption with tankers stuck, production halted and Iran showing unexpected strike capability. Wolf argues the war has no clear endgame, the Gulf cannot reopen under fire, and energy-dependent nations like India, Europe and China could suffer severe economic damage if the crisis drags on – calling the situation “exceptionally bad” and far worse than analysts anticipated.
Gold, Silver Prices Edge Higher: What’s Driving The Surge?
Gold and silver prices edged higher on Tuesday, tracking gains in international bullion markets after the US dollar weakened. The recovery came after remarks by US President Donald Trump suggested…
