- Israel and Hamas are currently at war after a series of surprise terror attacks were launched earlier this month.
- The conflict could expand to include countries like Iran, which would constrict oil supply and possibly send the U.S. and the world into a recession, according to experts who spoke to the Daily Caller News Foundation.
- “International oil prices would spike to over $100 a barrel on supply disruption concerns and financial markets would be rattled by heightened geopolitical uncertainty,” Desmond Lachman, a senior fellow at the American Enterprise Institute, told the DCNF.
The conflict between Israel and Hamas could spell economic disaster for the global economy and for Americans if it further destabilizes the Middle East, according to experts who spoke with the Daily Caller News Foundation.
The Middle East is embroiled in tension after Hamas launched a series of…
