President Trump’s warning that he may significantly escalate the war in Iran, potentially worsening an energy-price shock that’s already upending the global economic outlook, is shadowing stock, bond and oil markets. https://t.co/d4UbN2q2bg ...

Group 1 - World governments had over $100 trillion in public debt at the onset of the Iran war [1] - The high level of public debt limits the ability of governments to mitigate the impacts of energy-price shocks [1]