US War on Iran Spreads Across Middle East, Raising Fears of Global Recession
The US war on Iran is rapidly spiraling out of control. The conflict has expanded to at least five other countries, including Saudi Arabia, Iraq, Yemen, Jordan, and Egypt.
After a few days of relative calm, the violence resumed with the Pentagon carrying out nearly nightly strikes against Iran, and Tehran retaliating against US military bases in the region.
The conflict has disrupted energy supplies and prices, and triggered concerns about a global recession. Trump's war strategy has also led to a shift in oil exports from the Persian Gulf to the Red Sea, causing insurance premiums to soar and forcing companies to reroute vessels around Africa.
Saudi Arabia has joined the US in carrying out airstrikes against Iranian-backed militias in Iraq, killing at least 20 fighters. However, Iraqi leaders have denied prior knowledge of the strikes, highlighting the complex web of alliances and rivalries in the region.