Iran’s plans to close Strait of Hormuz threatens a ‘stagflationary shock’ akin to Russia’s Ukraine invasion
A tentative ceasefire introduced by President Donald Trump this night—however not but verified by Israel or Iran—might have shifted the course of world markets that have been staring down a possible oil shock and elevated inflation simply hours in the past. Iran’s parliament voted on Sunday to shut the Strait of Hormuz, an important waterway









