Iran-US-Israel War: Trump's War Breaks Into A Global Energy And Food Crisis | Explained

Trump’s war with Iran has triggered a severe global economic crisis by disrupting energy supplies and blocking the Strait of Hormuz, one of the key global trade routes. With Iran partially blocking the Strait of Hormuz, oil and gas prices have surged dramatically. The International Energy Agency warned that over 11 million barrels of oil per day have already been lost more than the combined impact of the two major 1970s oil shocks. Asian markets crashed, Wall Street had its worst day since the war began, and several countries, including the Philippines, have declared an energy emergency. Small businesses are struggling with rising freight costs while ordinary families face higher fuel and grocery prices.

The crisis is now spreading to food security. The UN has warned of the worst fertiliser crisis since the Ukraine war, as natural gas shortages and higher energy costs have sharply increased fertiliser prices. Farmers in Kenya and across Asia are already facing shortages and price spikes, which are expected to reduce crop yields and drive food prices higher in the coming months. Experts say the longer the war continues, the deeper the global damage will become, affecting everything from energy to food supplies worldwide.