Energy shock from Iran conflict risks stalling global recovery
TL;DR Summary
A potential Iran conflict could trigger a sustained energy-price shock that would lift global inflation and slow growth, with IMF warning of about 0.4 percentage points higher inflation and 0.1-0.2% slower world growth, affecting the UK, euro area, and US and shaping central-bank policy.
- Why an Iran war inflation shock could wreck global economic recovery The Guardian
- Global Economy Faces Widening Strains as Mideast War Intensifies Bloomberg.com
- David McWilliams: Disruption to gas rather than oil might hit Ireland most dramatically The Irish Times
- Iran conflict a risk to economic growth, EBRD president says Reuters
- From oil to rice, here's how Middle East crisis may spread across global economy The Times of India
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