Expert Warns: Global Economy Faces Collapse by May if Iran War Continues

• Energy expert Anas Alhajji warns of a major global economic crisis by early May if the Middle East conflict persists.
• The situation is escalating into a 'Hormuz crisis,' threatening 20% of the world's oil supply via the Strait of Hormuz.
• Europe faces severe energy shortages and price hikes, potentially forcing renewed dependence on Russia.
• Crude oil prices have surged past $173 per barrel in Asian markets, signaling fears of supply disruptions and inflation.
• Concerns rise over the sustainability of US strategic oil reserves if the crisis prolongs, impacting price control.