Axios
How the Iran war could create a new global order in oil
The energy shock from the Iran war may drive long-lasting change in how the global multitrillion-dollar oil market operates — turning a relatively open and smoothly functioning system into something weaponized and fractured. Why it matters: Such a reordering would mean, at a minimum, higher energy prices and inflation, and in the long term could even shake the foundations of the dollar-based globa
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