Markets on edge, geopolitical turmoil and the Strait of Hormuz closure spark global uncertainty In the midst of slow-motion selloff investors brace for stagflation as energy crisis deepens The US-Israel war launched on February 28 against Iran has sent shockwaves through global markets, driving fuel prices higher, fueling inflation fears, and unsettling long-standing Western alliances. … The post Black Monday looms as US-Israel War on Iran pushes oil prices to four-year high appeared first on Times Kuwait .