The US and Israel’s unprovoked attack on Iran and Iran’s retaliatory closure of the narrow chokepoint exit from the Persian Gulf may have “cascading consequences for the global economy,” culminating in severe blows to the US dollar and other fiat currencies, says energy economist Dr. Kazi Sohag. “Approximately 17-20 million barrels of oil – representing … Continue reading Hormuz Strait’s Closure Could Trigger Collapse of Fiat Money – Expert