"Strikes on gas sites are now part of the US-Israel war with Iran. But its effect will echo far beyond the Gulf, hitting power, food, and prices worldwide."
"As gas supply shrinks and costs rise, who will feel it most, and how far could the shock spread?"
Strikes on gas sites amid the US-Israel war with Iran are causing a significant rise in energy costs. This increase in gas prices is expected to have widespread repercussions, impacting power and food prices globally. As the supply of gas diminishes, the economic shock will likely affect various sectors and consumers around the world. The situation raises concerns about who will be most affected and the extent of the economic fallout from these rising costs.
Read at www.aljazeera.com
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