The ongoing conflict between Israel and Iran could plunge the global economy into recession. Iran controls access to the Strait of Hormuz – one of the world’s most important shipping routes for energy supply. And Tehran has already threatened to close it for shipping traffic in the past.
00:00 How the Israel-Iran conflict threatens global economy
02:10 Claudia Kemfert, German Institute of Economic Research.
06:11 Kate Ferguson, DW Business
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Author: DW News
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News post in June 18, 2025, 9:05 pm.
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