US strikes on Iran come at fragile moment for the global economy
- Posted on June 22, 2025
- By Business News Today
- 5 Views

US strikes on Iran come at fragile moment for the global economy

US strikes on Iran's nuclear facilities have rattled the global economy, prompting fears of escalating conflict and surging oil prices. Experts warn that Iran's response could involve attacks on US assets, energy infrastructure, or closure of the Strait of Hormuz, potentially driving crude oil past $130 a barrel.