How the Iran war could rattle the global economy long after hostilities end
A reopening of the critical Strait of Hormuz, which Iran has effectively closed to oil tankers, won't immediately restore the world to its pre-conflict state.
How the Iran war could rattle the global economy long after hostilities end
A reopening of the critical Strait of Hormuz, which Iran has effectively closed to oil tankers, won't immediately restore the world to its pre-conflict state. Grouped from 5 articles across 5 sources.
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UK inflation held at 3% before global energy price hit from Iran war
February annual rate in line with analysts’ expectations but outlook has shifted because of effects of conflict Business live – latest updates The UK inflation rate held steady at 3% in February, before Donald Trump’s Iran war drove up global energy costs, threatening a renewed price jump. Official figures showed the consumer prices index (CPI) remained at the same level as the previous month , in line with economists’ expectations but still well above the government’s 2% target. Continue reading...
Inflation cooled slightly in February before Iran war energy price spike
The latest monthly data does not capture the recent rise in energy prices caused by the war in the Middle East, which began on February 28.
Who hurts most as Iran war hits global economy?
Any prolongation of the Iran war risks creating an unprecedented crisis in energy supplies that sooner or later will hit every corner of the global economy. But it is already clear that some countries are either more exposed to that impact or less able to deal with it. Here are the economies to watch.
From Pakistan to Egypt, Iran war drives up prices in Global South
Developing economies in Asia, Africa and the Middle East are most exposed to surging energy costs.
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Iran’s state TV outlines five conditions to end war
Iran’s state TV has set out a list of five demands it says must be met before the country will agree to end of the war. Grouped from 13 articles across 5 sources.
ABC Australia, Al Jazeera, CNBC +2
4 reports3 sourcesSimilarity 0.53
UN chief says ‘high time’ to end ‘out of control’ war on Iran
UN Chief Antonio Guterres has said that the conflict in the Middle East is “out of control”. Grouped from 4 articles across 3 sources.
Al Jazeera, Financial Times, The Straits Times
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How countries are tackling the global energy crisis
With energy prices soaring and the Strait of Hormuz still closed, the world must cut demand. From 4-day workweeks and petrol rations to turning down the air con, here's what some countries are trying. Grouped from 2 articles across 2 sources.
ABC Australia, DW
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Iran war is a 'catastrophe,' G7 ministers warn — but there's little they can do to stop it
European leaders and ministers issue warnings about the impact and potential consequences of the Iran war Grouped from 5 articles across 4 sources.
Al Jazeera, CBS News, CNBC +1
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Spain's Sanchez says global citizens shouldn't pay for fallout of Iran war
MADRID, March 25 - Spanish Prime Minister Pedro Sanchez said on Wednesday it was unjust for citizens worldwide to bear the cost of what he called illegal U.S. and Israeli actions in Iran, warning the war was inflicting…
The Straits Times
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Australia bans visitors from Iran amid war in the Middle East
Australia's Home Affairs Department said decision to ban Iranian visitors amid the war was in the 'national interest'. Grouped from 10 articles across 8 sources.
ABC Australia, ABC News, Al Jazeera +5