War causes energy shocks affecting regional economies, leading to reduced infrastructure spending and impacting growth.
2 reports, 2 independent
Updated Aug 26
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What happened
War causes energy shocks affecting regional economies, leading to reduced infrastructure spending and impacting growth.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Disruptions to global oil prices and economy are being assessed amid geopolitical volatility.Sub-event
- Geopolitical conflict in the Middle East is causing economic shocks, prompting the central bank of the Philippines to implement policy changes.Sub-event
Energy shocks from war are impacting regional economies and growth.1 source
Keep exploring
Part of
An administration led by Isko Moreno in Manila focused on fiscal recovery amidst global oil price fluctuations and geopolitical tensions.Also in this story
- Geopolitical shock caused global market volatility.
- Mayor Isko Moreno signed an executive order regarding school safety in Manila.
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Philippines
archipelagic country in Southeast Asia
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S&P Global Ratings
credit rating agency, subsidiary of S&P Global
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- 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.