"We have seen these links between Russia and Iran over an extended period of time. We're seeing it in terms of technology, we see it in terms of the approach, we see it in terms of these kinds of tactics, and we see it in terms of the way these two states try to support each other and try to benefit together from attempting to hijack the global economy."
"We are very clear about the threat from both Russia and from Iran to the global economy and to all of our wellbeing."
Foreign Secretary Yvette Cooper has criticized Iran and Russia for coordinating efforts to destabilize the global economy. Iran's supreme leader committed to closing the Strait of Hormuz, a critical waterway for global oil shipments, in response to US and Israeli military actions. This blockade threatens international energy supplies and could significantly increase worldwide inflation. Cooper emphasized the interconnected nature of Russian and Iranian tactics, noting their shared technology, approaches, and mutual support in attempting to manipulate global markets. Britain and its allies face deepening cost-of-living crises as energy and food prices are projected to spike, creating market instability.
#iran-russia-coordination #oil-supply-disruption #global-economic-stability #strait-of-hormuz-blockade #cost-of-living-crisis
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]