Iran war could trigger global energy shocks and stagflation, economists warn
TL;DR
A prolonged Iran conflict could disrupt energy routes and scarce by‑products—oil, gas, LNG, helium, fertilisers—via chokepoints like the Strait of Hormuz. Even limited disruptions could lift prices, strain supply chains, and slow growth, potentially triggering stagflation if the war lasts longer than investors expect, with the Gulf, Europe, East Asia and the US all feeling effects.
- The Iran war could trigger deeper economic fallout than markets expect Euronews.com
- An attack on the world economy The Economist
- How badly has the Iran war hit the global economy? The tell-tale signs Al Jazeera
- It's not just oil. Here comes Hormuz inflation. Politico
- The Iran war is a new test of America's economic superpower Axios
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