Global Markets in Turmoil: The Perfect Storm of Geopolitics and Economics Global markets are reeling from a perfect storm of geopolitics and economics, with investors scrambling to make sense of the chaos.
The intersection of these two forces has never been more treacherous. The Iran crisis continues to drive oil prices higher, surging to their highest levels in years.
The Strait of Hormuz, which carries nearly 20% of the world's energy supply, remains closed, exacerbating the crisis.