"Operation Epstein Fury" - US and Israel Unprovoked invasion of Iran

[SvennoJ]

Double whammy for Trump as Iran tightens grip on Hormuz after rejecting deal

After facing rejection from Iran on his peace talks proposal, US President Donald is now being told that his decision to attack Iran may trigger a prolonged period of economic recession globally. This is because Iran's decision to impose a blockade of the Strait of Hormuz has caused oil and gas prices to soar at a remarkable pace. Rifat Jawaid analyses the day's developments.

"Don't take my word for it. Ly Frink, the CEO of Black Rockck, which manages a whopping 122.5 trillion worth assets globally, has now told us we should be prepared for a prolonged period of global recession. He's not talking about one week, one month, or even one year. He's warning us for years of globalization and pain."

Oil prices jump by 5 percent amid reports of negotiations

Oil prices have surged 5 percent amid reports of backchannel negotiations between the US and Iran.

The price of the international benchmark, Brent North Sea crude, jumped by 5.2 percent to $107.54 per barrel. The price of oil for the main US oil contracts, West Texas intermediate, also advanced 4.9 percent to $94.71.