Massive Damage

Please Subscribe to Joe & Naz - https://youtu.be/Sweww3LFPlE Win My Beach House or £250,000 in Cash https://raffall.com/406639/enter-raffle-to-win-350k-beach-house-westward-ho-uk-or-250k-cash-hosted-by-joe-blogs If you would like to support the Channel: https://www.buymeacoffee.com/JoeBlogs https://www.patreon.com/joeblogsYT YouTube Membership - https://www.youtube.com/channel/UCjniKviAJH0mENoLStpQXmQ/join YouTube Super Thanks (click below) Today’s video looks at the growing economic damage now being caused by the ongoing war involving Iran and the disruption spreading throughout global energy markets, shipping, aviation and manufacturing. We are now starting to hear directly from some of the world’s biggest companies about the real-world impact of soaring oil prices and supply chain disruption. These are not forecasts from analysts — these are CEOs warning shareholders that costs are exploding and that consumers will ultimately end up paying the price. In this video I go through: The latest developments involving Iran, the USA and the ceasefire negotiations Donald Trump’s reaction to Iran’s latest peace proposal Why oil prices have surged back above $100 per barrel The continuing disruption around the Strait of Hormuz Delta Air Lines warning of more than $2 billion of additional fuel costs United Airlines warning ticket prices may need to rise by 20% Maersk revealing that higher oil prices are costing the company $500 million every month Exxon Mobil warning that markets still have not priced in the full impact Whirlpool reporting “recession-level” declines in consumer demand Why food inflation and manufacturing costs are now rising sharply across Europe and the UK The growing risk of a wider global economic slowdown The longer this conflict continues, the greater the pressure on consumers, businesses and the global economy. If you enjoy the video please hit the like button, subscribe to the channel and leave your thoughts in the comments below. If you enjoy the video please hit the like button, subscribe to the channel and leave your thoughts in the comments below. Don’t forget there is a limited amount of time left to enter my competition to win my property or a cash alternative prize. Scan the QR code on screen or use the link in the description to get involved. Also please support my new channel Joe Bloggs Russia, dedicated entirely to Russian content and analysis. We’re currently building up watch hours, so any support would be massively appreciated. And don’t forget to check out Joe & Naz for food, pubs, travel and banter. #airlines #fuelcrisis #recession #iranwar #iran #nato #dieselprices #diesel #oilprices #energycrisis #forcemajeure #gasprices #globaleconomy #oilmarkets #lng #straitofhormuz #russiaoil #middleeast #russia #middleeastwar #oilshock #inflation #iran #usa #trump #geopolitics #stockmarket #brentcrude