When the oil runs dry: What next for globalisation as Asia bears the brunt of the Iran war?
Are we witnessing globalisation’s biggest turning point since the end of the Cold War? With Asia feeling the impact of US President Donald Trump’s war against Iran, and steadfast American allies such as the Philippines forced to declare an energy emergency, the immediate consequences are rippling through nations that manufacture much of what we buy in the West – with a boomerang effect for the rest of the world.
Are we witnessing globalisation’s biggest turning point since the end of the Cold War? With Asia feeling the impact of US President Donald Trump’s war against Iran, and steadfast American allies such as the Philippines forced to declare an energy emergency, the immediate consequences are rippling through nations that manufacture much of what we buy in the West – with a boomerang effect for the rest of the world.
This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.
