US-Israel war with Iran: What is the global economy's pain threshold? | DW News
March 3, 2026
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8:58Now PlayingUS-Israel war with Iran: What is the global economy's pain threshold? | DW News
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as posted by the channelA general in Iran's Islamic Revolutionary Guards Corps threatened to "burn any ship" seeking to navigate the Strait of Hormuz, a vital route for oil and gas shipments. In a post on the IRGC's Telegram channel, General Sardar Jabari said the IRGC "will also attack oil pipelines and will not allow a single drop of oil to leave the region. Oil price will reach $200 in the coming days."
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#straitofhormuz #oil #globaleconomy
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