Reuters poll shows Egypt's economic forecasts, noting resilience despite the U.S.-Israeli war with Iran.

1 report, 1 independent Updated Jul 19

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Egypt Middle East

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The article discusses how Iran remains a key factor in Middle East tensions, affecting global oil transit routes, while polls gauge broader economic sentiment.

Also in this story

Attacks on Iran are disrupting global oil trade, while El Niño conditions rise drought risks and impending Fed rate hikes affect currency markets.Jun 7

All 12 developments

Within The ongoing war in the Middle East is currently impacting the US energy market.

The entities involved

Egypt
country in Northeast Africa and Southwest Asia
- The civil war in Sudan involves the SAF, with El-Obeid besieged amid the power struggle between Burhan and Hemedti. The conflict's roots and refugee flows are detailed.14:23
- Israeli airstrikes target Syrian sovereignty, leading Egypt to condemn the strikes and Turkey to demand policy changes.13:48
Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- Energy risks for Southeast Asia are exposed due to the Iran war, causing demand shocks observed by a solar company in Manila, amidst the IEA's assessments.12:23
- Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.11:54

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Jul 19zawya.com