The war in Iran could lead to a ‘guaranteed global recession’ because of one chokepoint that is crucial to the world economy, analyst says
On Sunday, a day after U.S. and Israeli forces began raining missiles across Iran, an oil tanker docked off the coast of Oman burst into flames. The same day, maritime tracking organizations announced tankers were targeted by more projectiles in the waters north of the Arabian...
🔗 Read more: https://fortune.com/2026/03/02/oil-prices-soar-strait-of-hormuz-attacked-global-recession/
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fortune.com
The war in Iran could lead to a ‘guaranteed global recession’ because of one chokepoint that is crucial to the world economy, analyst says
On Sunday, a day after U.S. and Israeli forces began raining missiles across Iran, an oil tanker docked off the coast of Oman burst into flames. The same day, maritime tracking organizations announced tankers were targeted by more projectiles in the waters north of the Arabian Peninsula. Experts...
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