The US and Israel have launched a major military offensive against Iran that triggered a complete blockade of the strategic Strait of Hormuz.Airstrikes against Iranian gas fields and refineries in Qatar and Saudi Arabia have caused Brent crude prices to surge toward 120 dollars.The IMF warns that these energy shocks and maritime disruptions could lead to a global recession and significantly higher inflation worldwide.President
Donald Trump is evaluating the deployment of thousands of soldiers to secure the region while potentially releasing sanctioned oil.