From dining establishment closures in the Philippines and gas rationing in Sri Lanka, to Asian food manufacturing situations due to fertiliser lacks, the results of the US-Israeli war on Iran reverberate worldwide
From the Philippines cutting down to a four-day week to save electrical power, to restaurants in India taking gas-intensive recipes off the menu, and rents being frozen in Spain, the economic fallout of the US-Israeli battle on Iran has resounded around the world.Facing an existential risk, Tehran has actually retaliated by closing the important Hormuz delivery lane and flopped its oil and gas-rich neighbors, intensifying a growing situation abroad for families and businesses. Continue reading … Source: The Guardian