Episode Details

President Trump acknowledges milder-than-expected economic impacts of the Iran war, as U.S. stocks drop due to oil price hikes and tensions. Iran allows oil tankers through the Strait of Hormuz, but plans to charge tolls. Israel kills an Iranian naval commander, escalating regional risks. Retailers warn of price increases due to rising shipping and energy costs. The OECD predicts significant economic damage, with the UK facing four percent inflation and zero point five percent growth in 2026.

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