Financial Times: The Western world economy is in crisis

world economy

PNN – A reputable British newspaper wrote that the US-Israeli war in the Persian Gulf has severely disrupted the world economy.

According to the report of Pakistan News Network, the British newspaper Financial Times wrote on Wednesday that the current situation in the Persian Gulf shows that the US military is incapable of ensuring the security of oil tankers passing through the Strait of Hormuz.

The newspaper quoted analysts as saying that the US Navy is unable to guarantee the security of the Strait of Hormuz in the face of battlefield developments and geopolitical complexities in the Persian Gulf.

The Financial Times wrote that any military adventure would disrupt the path of global energy trade and put the Western world economy in crisis.

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