The Guardian: Trump's most important mistake, the consequences of which reverberated around the world It is hard to believe that in today's interconnected world, the devastating damage that a capricious, narcissistic and immoral American president can do can multiply to such an extent. But this is exactly what we are seeing now: a global disorder mixed with personal disorders. The war was a catastrophic failure; A war whose consequences continue to spread beyond its initial borders and brought global inflation to 4%. The Strait of Hormuz, a waterway that has been open to maritime trade for centuries, has now become Iran's bargaining chip. Less than two weeks before the US midterm elections, the price of Brent oil reached $117 per barrel; a figure 50% higher than the pre-war level. On September 30, the Saudi Arabian government was forced to lower its budget deficit forecast for 2026 to 65. $3 billion increase; A figure that was 48% higher than the initial estimate.