Welcome to this special analysis. The world is currently facing a loss of approximately 10 million barrels of oil per day due to the escalating conflict in the Middle East. In this presentation, I will show you — using historical data on global GDP and daily crude oil consumption — why a sustained loss of this magnitude is extremely dangerous for the global economy. If this supply disruption continues, it could push the world into a severe economic contraction, or even a depression. Let’s examine the numbers and what they mean for the economy and your portfolio.
Video Length: 00:07:44
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