#iranwar #usa #inflation - Iran war could lead to U.S. inflation shock, says Allianz’s Mohamed El-Erian: CNBC Television

31 March 31

Mohamed El-Erian, The Wharton School Rene Kern professor and Allianz chief economic advisor, joins ‘Squawk Box’ to discuss recent pressures on global markets, how the war might affect U.S. consumers, his outlook on energy prices, and more..

Crude prices are volatile as developments in the conflict in the Middle East and mixed messaging around the potential for further escalation keep markets on edge. CNBC's Dan Murphy has the latest from Dubai.

As US, Israel and Iran continue fighting, question is how to end 'a war of attrition' • FRANCE 24

MeidasTouch host Ben Meiselas reports on Donald Trump potentially preparing to leave Iran with Iran controlling the Strait of Hormuz and the United States facing the most humiliating military defeat in the US history.

Spain has closed its airspace to US warplanes involved in attacks on Iran. This is another sign of the growing rift between Madrid and Washington. Spain has been Europe's most vocal opponent of the US-Israeli campaign against Iran — Spanish Prime Minister Pedro Sánchez has called it "reckless" and "illegal". His government has already barred the US from using its two jointly operated bases in Spain. US President Donald Trump has sharply criticised Spain's stance on the war in Iran, even threatening to cut all trade ties with the country. #dwnews #spain #airspace #iranwar #usairforce