Source: Paul Krugman
by Paul Krugman
“This will be a brief post, with some bad news and some good news. The bad news comes in two parts. First, any hopes that this war might be extremely brief are fading. … Second, war in the middle of the world’s most important oil-producing region — which is also a key source of liquefied natural gas — inevitably has major consequences for energy prices.” (03/04/26)
https://paulkrugman.substack.com/p/reality-sets-in-on-trumps-new-war