This is Very Bad

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) Oil prices have now remained above $90 per barrel for more than two months — and for much of that time, they’ve been above $100. What started as a geopolitical crisis linked to the war in Iran is now becoming something much more dangerous: a prolonged global energy shock that is slowly grinding down economic growth around the world. In this video, we take stock of where things stand right now, why the current situation is so concerning, and what history tells us about previous supply-driven oil shocks. From the 1973 oil embargo to the Iranian Revolution and the 2008 oil spike, prolonged periods of elevated energy prices have often ended in recession, inflation, and economic pain. We also look at: • Why this crisis is different from normal oil price rises • How governments are using reserves and emergency buffers to stabilise markets • Why analysts are warning about possible $150–$200 oil scenarios • The growing pressure on airlines, shipping, food prices, and consumers • Why central banks are trapped between inflation and recession • And why this may now be turning into a slow-motion economic car crash The big question now is simple: how much longer can the global economy absorb this level of pressure before something breaks? If you want to stay informed with clear, data-driven analysis, make sure you subscribe to the channel. #oilprice #iran #recession #inflation #energycrisis #brentcrude #oilshock #economiccrisis #iranwar #nato #dieselprices #diesel #oilprices #energycrisis #forcemajeure #gasprices #globaleconomy #oilmarkets #lng #straitofhormuz #russiaoil #middleeast #russia #middleeastwar #oilshock #inflation #iran #usa #trump #geopolitics #stockmarket #brentcrude