According to a report by The Wall Street Journal, one week after the start of the war against Iran by Donald Trump, global energy markets have experienced a severe shock.
The report adds that this situation is considered one of the most serious disruptions in energy markets since the 1970s, and its effects are spreading across the global economy.
According to the report, due to the ongoing tensions, the prices of oil and diesel have risen rapidly. In addition, mortgage rates and borrowing costs for the government in the United States have also increased.
According to the mentioned American outlet, these economic pressures may pose serious challenges to the economic priorities of the Trump administration.