Regional instability and conflict in the Middle East are impacting global growth, energy prices, and trade flows.
1 report, 1 independent
Updated Thu 00:00
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What happened
Regional instability and conflict in the Middle East are impacting global growth, energy prices, and trade flows.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The OECD and IEA are discussing how the prolonged conflict in the Middle East is causing global growth uncertainty and disrupting energy supplies and markets.Also in this story
- The ongoing Middle East conflict is impacting global markets, driving up energy and raw material costs, which are being monitored by market analysts like Isabel Schnabel.
- War in the Middle East caused energy shocks that are impacting global growth targets.
- Monitors observed regarding South Korea's potential growth rate decline by the Organization for Economic Cooperation and Development.
The entities involved
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Europe
terrestrial continent located in north-western Eurasia
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- Disruption in the Middle East and other regions is impacting the global economic outlook, according to the World Economic Forum.
- Regional tensions are causing economic instability, higher energy costs, and disruptions to oil exports via the Strait of Hormuz, alongside an IMF program review.
- The current conflict in the Middle East is leading to increased global input costs, with the situation impacting the Atlantic company.
- The Middle East conflict adds further regional uncertainty, while the ongoing war in Ukraine affects regional stability.
- Geopolitical instability driven by the Middle East is causing global commodity prices to rise, impacting the economic situation in Illinois.