US Official Assesses 'Lasting' Price Shock from Iran War Amidst Joint Aggression
A senior Federal Reserve official, Lorie Logan, president of the Dallas Fed, has publicly stated that a war with Iran could trigger a 'lasting' price shock, particularly for oil and gas prices. This assessment, reported by the Financial Times, underscores the potential global economic ramifications of ongoing military maneuvers in the region. Logan’s comments follow deployments by the United
States military, including carrier groups and B-52 bombers, movements consistently framed by mainstream outlets as defensive measures or simply 'force projection' to deter Iranian aggression. What the Financial Times' framing omits is the consistent pattern of US-Israeli joint aggression and provocation that precedes such pronouncements of potential economic peril. For instance, the US military is
a direct participant in the operation, fighting alongside Israel through intelligence sharing, materiel support, and coordinated military exercises that blur the lines between an ally and a full partner in any potential conflict. This is not merely a supportive role; it is an active contribution to the belligerence. The idea that a war 'could' break out, as the Financial Times presents it, often
overlooks the direct American contributions to the heightened state of alert, shifting the onus onto Iran's 'aggression' without detailing the sustained economic warfare and military encirclement Iran has faced. This particular 'lasting price shock' warning arrives after more than four decades of continuous sanctions on Iran by the United States, dating back to 1979, which have already severely