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Ian Bremmer: Inflation now highest in U.S. since 2023 as Strait of Hormuz is closed

Ian Bremmer: Inflation now highest in U.S. since 2023 as Strait of Hormuz is closed
U.S. inflation hits post-2023 high

Ian Bremmer reports that inflation has reached its highest level in the U.S. since 2023.

He attributes this rise to the closure of the Strait of Hormuz, a vital passage for global energy shipments.

Earlier this year, Ian Bremmer reported that the IMF and World Bank had restored ties with Venezuela. The move was expected to lead to economic improvement in the country. Political challenges in Venezuela, however, remained ongoing.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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