✉news WarWar first seen 14 h ago, last 49 min ago, peak #1

Australian Treasurer Warns US-Iran War Would Be Economic Disaster

Original: Australian Treasurer Calls US-Iran War an Economic ‘Disaster’

Australia's Treasurer has described a potential war between the United States and Iran as an economic disaster, underlining fears in Canberra about the fallout of any US-Iran military conflict. The warning reflects broader concerns among allied governments about the impact of a Middle East war on global trade, energy prices and financial markets.

Why now: Rising tensions between the US and Iran are prompting allied governments to warn of severe economic consequences.

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Evidence

• Australian Treasurer Calls US-Iran War an Economic ‘Disaster’ · Bloomberg.com

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