US-Israeli war on Iran caused biggest oil crisis in history, endangering world economy

US-Israeli war on Iran caused biggest oil crisis in history, endangering world economy

The US-Israeli war on Iran has caused the largest oil supply shock in history, according to the International Energy Agency (IEA). Ben Norton explains how the attacks by Trump and Netanyahu, and the ensuing blockade of the Strait of Hormuz, have unleashed an energy crisis that could destabilize the global economy. VIDEO: https://www.youtube.com/watch?v=bUdyPJM_rOw Topics 0:00 Intro 0:23 Schrödinger's ceasefire 1:24 Energy crisis 3:11 Strait of Hormuz 5:14 Petrodollar 6:45 Blockade 7:35 Impact on Asia 10:46 Europe 11:29 Food crisis 13:38 China 16:20 Renewable energy 18:24 Trump's claims 19:41 Stagflation fears 21:34 Outro

Episoder(500)

How the US uses oil as a geopolitical weapon

How the US uses oil as a geopolitical weapon

Oil has been at the center of the war on Iran. Ben Norton explains how the United States became the biggest oil producer on Earth, and how the US empire uses petroleum as a geopolitical and economic w...

30 Apr 37min

US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson

US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson

There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the $3 trillion private credit market, which is already seeing significant...

21 Apr 34min

Why is Trump blockading Iran's blockade? This is the crazy, and dangerous, US strategy

Why is Trump blockading Iran's blockade? This is the crazy, and dangerous, US strategy

The peace talks held between the US and Iran in Islamabad, Pakistan failed. Despite a temporary, two-week ceasefire Donald Trump announced a naval blockade of the Iranian blockade of the Strait of Hor...

17 Apr 27min

China just prevented a war over Taiwan. This is how

China just prevented a war over Taiwan. This is how

The US government has pushed for years for a war with China, selling billions of dollars of weapons to separatists in Taiwan. However, those plans are falling apart, after the leader of the KMT, the N...

13 Apr 36min

US and Israel immediately violate ceasefire with Iran: The war is not over

US and Israel immediately violate ceasefire with Iran: The war is not over

The United States and Iran agreed to a temporary, two-week ceasefire. However, Tehran said Washington immediately violated it, by allowing Israel to bomb Lebanon. Ben Norton explains how the USA has r...

9 Apr 23min

Is another financial crisis on the horizon? Wall Street fears new crash

Is another financial crisis on the horizon? Wall Street fears new crash

Is the United States on the verge of another financial crisis? Some top Wall Street executives fear the bankruptcies in the $3 trillion private credit industry could spread, as firms prevent investors...

6 Apr 13min

Iran is winning the war with the US. This is how

Iran is winning the war with the US. This is how

Iran is winning the war that was started by the USA and Israel. This is now admitted even by major Western media outlets. Tehran has successfully destroyed the US military bases in West Asia (aka the ...

2 Apr 31min

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