Episode Details

The Third Persian Gulf War escalates, with the U.S. dollar surging as a safe haven amidst chaos. Oil prices skyrocket, reaching over one hundred dollars a barrel, while traditional safe havens like gold and silver plummet. The dollars strength is due to Americas oil and gas exports, but everyday Americans feel the pinch at the pump. The Strait of Hormuz remains largely closed, impacting global energy flows. Analysts caution that the dollars boost may not last once the war ends, as focus shifts back to growth concerns over inflation.

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