War brings undeniable human loss, but its economic impact tells a more complex story. As tensions rise around the Strait of Hormuz, global energy flows are disrupted, sending oil and gas prices higher and straining economies worldwide. Supply chains are shifting, travel costs are rising, and households are feeling the pressure. While some producers gain, others struggle with inflation and slowing growth. Countries like Russia and Norway benefit from higher demand, while import-dependent nations face crisis measures. Even the US, despite gains, risks economic slowdown. As Donald Trump weighs strategy, the fallout remains deeply uneven globally.
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