The world is now facing price rises and perhaps even shortages for energy and food that are already baked in — and that’s if the conflict ended tomorrow.
“The Iran crisis is an epoch-defining event, similar in scale to the fall of the Berlin Wall or 9/11,” believes Peter Frankopan, a professor of global history at the University of Oxford. “The cascades coming towards us all are epic in scale, even if peace is agreed today,” he told NBC News in an interview.
The U.S. and Israel launched their assault at 1:15 a.m. ET on Feb. 28, an attack Trump has boasted took even U.S. allies by surprise.
It came even as American negotiators were speaking with their Iranian counterparts over a deal to contain the regime’s nuclear program, in the wake of its deadly crackdown against protesters.
Whatever the initial reasoning, Trump now seems focused on solving a global oil and
...Keep reading this article on NBC News.