Middle East Security Concerns Could Threaten The Global Economy

There was recently an attack on the Mercer Street vessel belonging to an Israeli billionaire, with Iran being blamed for the incident. These kinds of attacks have been happening since the beginning of the year, and it appears highly likely that they will continue. There is a possibility of maritime security breaches in the Gulf of Oman and the Strait of Hormuz. Such developments could lead to a rise in political, economic, and security issues, especially if they were to coincide with an Israel-Iran confrontation. Attacks on Israeli-owned ships:…