Jeffrey Sachs: The US economy is in danger of collapse/shocking increase in oil prices

American economist Jeffrey Sachs, pointing out that the result of the US-Israeli war in the region is a failure and scandal, said: This is not only a military failure, but also its economic consequences are becoming apparent, as well as an increase in the crisis in world prices, especially oil prices.

He continued that the US went from the strategic goals of the war to overthrow the Iranian regime to trying to open the Strait of Hormuz, an area that was normally open to all ships before the war.

Jeffrey Sachs added: In my opinion, there is still a long way to go before the results of the US military failure and its impact on the global economy are revealed, and the world has not yet been affected by this failure in all aspects, and the coming days will be difficult days for the world economy and the increase in oil prices