Engineer Mohannad Abbas Haddadin, GM of Jopkins Center for Strategic Studies, an expert, strategic and economic analyst, said that the war against Iran came contrary to Western expectations as a result of its prolongation and expansion until it led to the closure of the Strait of Hormuz, through which 20% of world oil passes, which led to the rise of oil to now touch 90 dollars per barrel and the rise of global logistics transportation, and this led to an increase in commodity prices in most parts of the world, especially in the United States, where the US citizen felt this, in light of high interest on the other side, slow growth, an increase in unemployment and fewer job opportunities through recent data for the last month, this is the Stagflation that began It shows clearly.
As it is expected that this will be reflected on the global financial markets with a decline, and it is possible that it will affect gold in the coming period to begin the ascent journey .
All this is in anticipation of the next meeting of the US Federal Reserve and its holding in light of the complexities that have taken over the world as a result of the Middle East war.
The US debt will increase with the costs of the war, and it is approaching 39 trillion dollars, and the interest on the debt has exceeded a trillion dollars,and the US government shutdown will appear again to haunt the US president as he is approaching the midterm elections in bad economic results, what seems to be the inevitability of ending the war has become necessary, so will the US President
