Tag: Iran


The Gulf states couldn’t stay out of a war launched from their territory.
One of the industries hardest hit by the spike in fuel prices caused by the Iran War is airlines. Jet fuel prices have doubled since the start of the war. Airlines have reacted to the fuel price increase by raising fares and baggage fees, as well as by cutting routes.
The escalation trap seems to be pulling Donald Trump deeper and deeper into the quicksand of the Iran war.
The fundamental question is whether Europe can survive the energy crisis without permanently losing its industrial base and its position in the international economic system.

