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Trump says U.S. struck Kharg Island, core of Iran's oil economy The Washington PostIran War Live Updates: Iran Defies Trump's Threats Over Strait of Hormuz Blockade The New York TimesWhy is Kharg Island important? What to know about the Iranian island struck by the U.S. CBS NewsFire at UAE oil hub as Iran vows retaliation for US attack on Kharg Island Reuters
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It's not just oil. Here comes Hormuz inflation. PoliticoOil Shock Hits An Economy Already Showing Cracks WSJHow the war in Iran and its economic fallout will lead to Trump's defeat The GuardianWould Trump Risk an Oil Crisis? The AtlanticAn attack on the world economy The Economist
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Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
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