US Sees No Risk of World Depression Due to Continued Middle East Conflict - White House

NAMPA / Sputnik

2026-08-07

WASHINGTON, August 7 (RIA Novosti) - The United States does not expect the continued conflict in the Middle East to threaten the world with depression, White House National Economic Council Director Kevin Hassett said on Friday. "No, if this were to turn into something that was taking out all the oil of the Middle East, then one would have to think about something like that," Hassett told reporters at the White House, when asked whether he would......

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