France 24 reports that the ongoing conflict in the Middle East poses a significant threat to the global economy. The International Energy Agency has issued a warning about the potential for an unprecedented energy crisis, triggered by escalating tensions between the US, Israel, and Iran. Following a stern ultimatum from President Trump demanding Iran reopen the Strait of Hormuz, Iran has pledged to intensify attacks on energy infrastructure throughout the Gulf region. This development raises concerns about disruptions to critical oil supply routes and increased volatility in energy markets.
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