The world is on the brink of a global oil crisis due to the US war against Iran — Bloomberg

 

Analysts warn that further escalation could lead to a drastic rise in global prices for oil, gasoline, and diesel, and that individual countries could face fuel shortages.

Against this backdrop, the US is considering the possibility of resuming attacks on Iran following the midterm elections in November.

The G7 nations are planning a crisis meeting regarding the situation. One of the primary objectives is to prevent severe fuel supply shortages.