- ECB policy affects global inflation, announced in Brussels.
- Global energy prices are experiencing shocks due to ongoing conflicts in the Middle East.
- The economic fallout from the Middle East conflict is leading to policy responses from the IMF, European Commission, and leaders like Giorgia Meloni.
Middle East conflict is increasing shipping risks and oil prices, while the Ukraine crisis disrupts energy and grain export routes.
5 reports, 5 independent
Updated Sep 3
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What happened
Middle East conflict is increasing shipping risks and oil prices, while the Ukraine crisis disrupts energy and grain export routes.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Conflict in the Middle East pushes oil prices higher and imposes new shipping restrictions in the region.Sub-event
- Middle East and Africa are major buyers of Ukrainian grain amid the ongoing conflict and Russian occupation in Ukraine.Sub-event
- Attacks on Black Sea shipping threaten grain exports, impacting food supply in Africa and the Middle East.Sub-event
Middle East conflict increases shipping risks and oil prices.1 source
Keep exploring
Part of
The economic fallout from the Middle East conflict is leading to policy responses from the IMF, European Commission, and leaders like Giorgia Meloni.Also in this story
- IMF imposes strict austerity conditions on Pakistan amid economic fallout from the Iran-US conflict.
Within ECB policy affects global inflation, announced in Brussels.
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Asia-Pacific Economic Cooperation
international economic forum
- Tô Lâm is on a state visit to Canada, coordinating bilateral trade growth and deepening ties between Vietnam and international bodies like the UN and APEC.
- Donald Trump is scheduled to attend the G20 summit in Miami, while he was also invited by Xi to an upcoming APEC summit and visited the National Archives.
Related events
- Ongoing conflicts in the Middle East and Ukraine are affecting global oil supplies and driving price hikes.
- Middle East conflict is impacting global supply chains and trade.
- Shipping disruptions in the Middle East affect global trade, compounded by damage to Russian refining capacity. A professor advises on the economic impact of fuel prices.
- The Middle East conflict is driving higher fuel costs.
- Geopolitical risk in the Middle East is affecting energy supply.