Trump just plunged world into 'worst-case scenario': Nobel Prize-winning economist

The war in Iran is the worst-case scenario for the entire world, according to a Nobel Prize winner, highlighting a worrying economic development.

Paul Krugman believes the strikes carried out by Donald Trump's administration on the Middle Eastern country will have consequences the world over. Not only will the bombing, which has killed 500 civilians as well as Ayatollah Ali Khamenei, strain relations with the West and Middle East, but the rising energy price is looming and may cause real trouble in the long-term.