Geopolitics
Iran escalation could trigger global energy crisis and economic collapse warns analyst
Lark Davis
Van Eck Says Bitcoin Going Much Higher
"If Iran takes out more liquefied natural gas coming from Qatar, they could set the world back 10 years in terms of energy with guaranteed global famine, economic collapse, and there's literally nothing the Pentagon can do to stop it."
Analysts warn that escalating U.S.-Iran conflict could lead Iran to attack Gulf energy infrastructure, potentially destroying 20% of global energy supply. The concern centers on Iran's threatened retaliation if the U.S. targets Iranian oil fields or Kharg Island, with Iran signaling willingness to take down regional energy infrastructure. With limited global strategic oil reserves, such an attack could trigger massive inflation spikes and economic collapse.
From this episode
Lark Davis