HERE WE GO: Iran just responded back…𝗦𝗲𝗲 𝗺𝗼𝗿𝗲 – story-veterans.com

Economists warn a sustained Hormuz closure guarantees recessionary pressures: Oxford Economics models modest disruptions pushing Brent to $84, but full blockade scenarios evoke parallels to the 1973 oil embargo or worse. Global growth could stall, stock markets tumble (energy stocks might initially rally, but broader equities suffer), and safe-haven assets like gold and Treasurys surge.