- The situation in the Middle East is impacting the global economic outlook, with Switzerland involved in discussions.
- Potential peace talks regarding the Middle East are underway, with the prospect of easing inflationary concerns and impacting consumer sentiment.
- An agreement has been reached aiming to end the Middle East conflict, which includes Iran reopening the Strait of Hormuz.
- A Trump agreement aims to end the Middle East conflict, occurring amid higher oil prices and signals of a possible Fed rate hike.
The consequences of Trump's war in Iran, including price shock and high inflation, are being reported, with Peggy Nash involved.
1 report, 1 independent
Updated Jun 18
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What happened
The consequences of Trump's war in Iran, including price shock and high inflation, are being reported, with Peggy Nash involved.
Who's involved
What this event is mainly aboutKeep exploring
Part of
A Trump agreement aims to end the Middle East conflict, occurring amid higher oil prices and signals of a possible Fed rate hike.Also in this story
- Donald Trump signed an interim peace deal with Masoud Pezeshkian on June 18, 2026.
- International leaders, including Australia and Germany, welcome the US-Iran peace deal, while experts comment on the end of costly wars and Iran's programs.
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Peggy Nash
Canadian Politician and Labour Educator
Nothing else this week.
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Canadian Centre for Policy Alternatives
Policy research institute
Related events
- Trump comments on inflation caused by Iran war, noting that the conflict is pressuring global commodity markets.
- Donald Trump initiated the war in Iran, leading to consequences that affect the US economy and political support.
- Lisa Demuth criticized Donald Trump's war policy as the Iran conflict drives up commodity prices.
- The CBO has analyzed the costs associated with the Iran war, specifically discussing the goals of Trump's administration.
- The Trump administration is downplaying the economic impacts of the war, while attacks on Iran are driving up global prices and causing inflationary pressures to exceed the central bank's 2% target.