- A collection of global economic updates, including IMF reports on Senegal, Uganda, Tanzania, and Rwanda, alongside central bank actions in Namibia and the impact of the Middle East conflict.
- The Middle East crisis is dampening global demand and raising costs, impacting the broader economic landscape.
Middle East war is driving up bitumen costs, affecting supply chains involving Madagascar and MAG.
1 report, 1 independent
Updated Jun 21
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What happened
Middle East war is driving up bitumen costs, affecting supply chains involving Madagascar and MAG.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The US-Iran war is causing disruptions to the global supply chain, specifically affecting the bitumen supply chain.Sub-event
Middle East war is driving up bitumen costs, affecting supply chains involving Madagascar and MAG.1 source
Keep exploring
Part of
The Middle East crisis is dampening global demand and raising costs, impacting the broader economic landscape.Also in this story
- Tensions in the Middle East add uncertainty to costs, specifically impacting Rabobank's operations.
- Conflict involving Iran has erupted in the Middle East.
- Conflict fallout is disrupting trade routes, raising costs, and impacting exports targeting Afghanistan and Iran.
- Global financial markets are navigating geopolitical risks stemming from the Middle East, with the Bank of Japan closely monitoring the situation.
The entities involved
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Madagascar
island sovereign state off the coast of Southeast Africa, in the Indian Ocean
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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- The Middle East conflict is causing increases in raw material costs, impacting global markets connected through Sri Lanka.
- Conflict in the Middle East drives up crude oil prices.