The
rise of oil price had affected the global economy. The military conflict
between Israel and Iran caused fear to arise. The political tension in Middle
East has led to global recessions which further deteriorate the issue on the surge
in oil price. The latest recession in 2008 is also a result of such. US decided
on using force to attack Israeli embassies if the attempt to stop the making of
nuclear weapons fails. This might result in a rise in tensions within boarders
and spike an increase in oil price, thus initiating another recession eventually.
The rise of oil price(word from) had affected the global economy. The military conflict between Israel and Iran caused(Tense) fear to arise. The political tension in (^)Middle East has led to global recessions which /further deteriorate(Tense) the issue on the surge in oil price(rephrase)\. The latest recession in 2008 is(Tense) also a result of such(Wrong word). (^)US decided(Tense) on using force to attack Israeli embassies if the attempt to stop the making of nuclear weapons fails. This might result in a rise in tensions within boarders(spelling) and spike an increase in oil price(word form), thus initiating another recession eventually(Word order: move this word).
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