Prolonged war in the Middle East is driving inflation and policy concerns, specifically impacting the Bank of Korea.

The entities involved

• Bank of Korea →

  central bank of Republic of Korea, established in 1950

  • The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.Thu 05:26
  • Shinhan Bank and KB Kookmin Bank are among five major lenders, while the Bank of Korea monitors financial stability risks.Mon 06:40
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • The war in the Middle East has hammered the New Zealand economy, occurring while Christopher Luxon leads the ruling coalition.Sat 01:25
  • Sappi is facing operational challenges due to the ongoing geopolitical conflict in the Middle East, which is driving up petrochemical costs and market risks.Fri 23:57

Related events

• The Middle East conflict is driving up fuel costs and worsening inflation, prompting the RBA to raise interest rates.Oct 7
• Trump's policies are linked to inflation and conflict with Iran, while the Social Security Administration is also involved.Jul 25
• The National Bank of Ukraine is managing monetary policy and inflation, easing risks related to the war in the Middle East.Jun 18
• ECB responds to inflation pressure and Trump comments on the economic impact of the Iran war.Jun 11
• Middle East war disrupted oil and gas supplies, leading to high fuel costs and inflation in Thailand.Sep 3