The World Bank cited concerns over ongoing wars and trade fragmentation in the Middle East on June 18th.
1 report, 1 independent
Updated Jun 18
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What happened
The World Bank cited concerns over ongoing wars and trade fragmentation in the Middle East on June 18th.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Iran-backed regional conflict and Houthi attacks in the Middle EastAlso in this story
- Moody's Analytics reports on India's economic outlook, noting that the Middle East conflict affects India's economic resilience.
- Energy costs are surging due to crisis, while nuclear program details remain unresolved, impacting global financial markets.
- An oil crisis has been triggered by the ongoing conflict in the Middle East, leading to the formalization of permanent oil purchases from Russia.
- Geopolitical instability in the Middle East is causing market sentiment shifts, with Kevin O'Leary noting that tech companies are benefiting from power demands.
The entities involved
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World Bank
international financial institution
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- Middle East conflict is impacting global supply chains and trade.
- South Indian Bank highlights the ongoing conflict in the Middle East as a key financial risk.
- Conflict in the Middle East is impacting the economic outlook for the UK.
- Supply disruptions are occurring due to the ongoing war in the Middle East.