A War beyond borders: Iran vs America and the future of the global economy

The world is at a point where a war is no longer limited to just two countries... but is slowly engulfing the entire global economy. The growing tension between iran and the united states is not only creating political risks but is also affecting global oil prices, businesses, and the food and livelihoods of the poor.

RISING OIL PRICES AND NEGATIVE IMPACTS ON GLOBAL BUSINESS

Due to the between the US and Iran, many countries have been greatly affected by this war, the main reason for which is oil and LNG. Almost 20% of the world's oil now passes through the strait of hormuz, which is closed due to this war. Due to the closure of this strait of hormuz, many large industries are also affected. If this strait of hormuz remains closed, it can be said that many fertilizer industries are affected.The reason for this is that they are not getting LNG because fertilizer is made from LNG. And the biggest thing is that the electricity that the industry runs on is made from oil. And Qatar sells a larg amount of LNG to other countries that pass through the strait of hormuz, and those striat of Hormuz have been forcible closed by iran due to this war which is why LNG is not being supplied.

ITS EFFECTS ON SOCIETY AND ORDINARY PEOPLE

Due to this war, many people in many countries are affected in varios ways, including many people businesses being closed are many people not getting work because industries and big company are closed then there is no work in it. And if this war continues like this and now new abnai hormoz are closed, then perhaps a big war will start because many countries will be angry with this and they will join America in the war.

THE RISKS FACING THE US PETROLDOLLAR

The biggest and most dangerous thing for america is that if this war continues like this, the dollar will soon run out and the era of the yuan will come. Instead of dollers, people will buy oil and LNG in yuan, which is a huge economic loss for america and the biggest benefit for china because America's economy has become very strong only because of this petrol doller. if it doesn't stay like this and it ends, then china will be far ahead of america. And the reason for its end is that the leader is saying that we will now allow this ship to pass through the new route that makes purchases in china's yuan.

THIS WAR COULD LEAD TO MORE GLOBAL CONFLICTS

The most dangerous thing is that this war between Iran and the united states could to a war between many other countries that if this war between Iran and the united states contineus like this, then very soon, major war start between North Korea and South Korea,China and Japan, Russia and Ukraine, Pakistan and India, China and Nepal, and many other countries,which will become word war three.

CAN THIS WAR BE STOPPED

The question that will come to the mind of many people is whether this war can turn into peace. YES, it can because war is not a solution to any problem but the end of the lives of innocent people. World power should sit down and talk so that the economies of poor countries are not further destroyed. If steps are not taken for peace today, future generation will never forgive us.

A THOUGHT-PROVOKING QUESTION

Finally, the question for you is, are we ready for a world where the balance of power is shifting?

if the petrodollar were to disappear, would your country and your savings be safe in this new world order?

What do you think?Be sure to share your opinion in the comments section