The Choke Point That Could Break the Global Economy [iZxK6UkNlJa]
The war with Iran has already cost lives, billions of dollars, and shaken the foundations of the global economy and the worst may be yet to come. Afsaneh Beschloss of RockCreek tells us why Russia and Iran are the unexpected winners at the Strait of Hormuz, and why a prolonged conflict could force the Fed to hike rates instead of cut. Steven Cook of the Council on Foreign Relations explains why the Gulf states didn't see Iran's attacks coming and why Saudi-Israeli normalization may now be further away than ever. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: Facebook: Instagram: Connect with Bloomberg Business on: X: Facebook: Instagram: TikTok: Reddit: LinkedIn: More from Bloomberg: Bloomberg Radio: Bloomberg Surveillance: Bloomberg Politics: Bloomberg Originals: Watch more on YouTube: Bloomberg Technology: Bloomberg Originals: Bloomberg Quicktake: Bloomberg Espanol: Bloomberg Podcasts: