Geopolitics

Geopolitical And Trade Disruptions Pushing Global Economy To Debt Crisis - Deccan Chronicle

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DW NOTE

The Hormuz blockade has now run 129 days. Global oil supply is down 4.3 million barrels per day. The US deficit is $1.9 trillion. These aren't disruptions pushing the world toward a debt crisis — they're the debt crisis finding out what happens when you can't print energy.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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Geopolitical And Trade Disruptions Pushing Global Economy To Debt Crisis - Deccan Chronicle

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