War With Iran Delivers Another Shock to Global Economy
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As economies electrify, the way geopolitical crises affect energy markets and the global economy could change dramatically.
Crude prices could surpass their 2008 record, with potentially dire effects for consumers and businesses
The Trump administration is currently trapped between the specter of a global economic recession and a naval catastrophe.
The Middle East conflict is escalating, triggering global economic concerns. Disruptions to trade, energy supplies, and food production are already evident, with potential for significant inflation and reduced growth.
The escalating Middle East conflict is disrupting trade, energy supplies and food production, raising fresh risks for inflation and global growth.
World shares tumbled on Monday, with Japan's benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel.
1don MSN
Crude oil prices spike as a broadening Iran war threatens both transport routes and production
Oil prices continued to soar on Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets. The price for a barrel of Brent crude, the international standard,