Brisbane Times
·general
·11 hours ago
The US is dragging the world into turbulent economic waters
On April 13, 2026, U.S. inflation surged by 0.9 percent in March due to rising energy prices. Donald Trump announced a blockade of the Strait of Hormuz, threatening to disrupt global oil supplies, which could exacerbate inflation and impact growth rates worldwide. Oil prices have soared, with Brent Crude exceeding $102 a barrel following failed mediation talks.
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Summary by Glance · Brisbane Times
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