economy
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
The global energy shockwave from the Iran oil is crushing demand around the globe, forcing government to step in to avoid economic collapse.
TL;DR
- Global energy shockwave caused by Iran oil.
- Crushing demand around the globe.
- Governments forced to step in to avoid economic collapse.