WIRE โ€” ย  COMMENT | NOURIEL ROUBINIย |ย The Persian Gulf is in an unstable disequilibrium. There has been no lasting deal to reopen the Strait of Hormuz, because the United States and Iran remain far apart in their demands, with the Iranians holding more leverage than President Donald Trump ahead of the US midterm elections this November. In โ€ฆ The post Oil shocks are no longer so shocking appeared first on The Independent Uganda:.

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