Strait of Hormuz crisis and the illegal US naval blockade
The US economy is being hit hard by the war against Iran, with rising transport, manufacturing, and food costs, and immediate blow to household budgets.
Inflation is also climbing and wage growth is slowing. Yet the US president maintains that the price is worth paying, even as energy costs surge and inflation accelerates worldwide. The result is a slowdown in global growth — raising the risk of a recession that could be as bad as the Covid era and the financial crisis, or maybe even worse.
Illegal US naval blockade
The aggression against Iran exposes deep cracks in US, Israeli power
US attack on Iran & world economy
Iraqi resistance caused collision of US tankers during war on Iran: Report
Pakistan's interior minister leaves for Tehran for second time this week
Putin, Xi jointly condemn US-Israeli war of aggression against Iran
VIDEO | Strait of Hormuz crisis and the illegal US naval blockade
Leader commemorates President Raeisi, warns of historic resistance
VIDEO | Iraq marks second anniv. of former Iranian President Ebrahim Raeisi’s martyrdom
'War beyond the region': IRGC vows to 'lay enemies in black dust'
In the wake of US-Israeli war on Iran, BRICS bloc stands at a historic inflection point: Analyst
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