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.
Markets in Europe and Asia nosedived as trading restarted on Monday, as oil prices continued to climb amid the war in Iran. Germany's DAX dipped 2% in early trading, while several key Asian markets logged losses over 3%.
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Developing economies in Asia, Africa and the Middle East are most exposed to surging energy costs.
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…
Malaysia’s Prime Minister Anwar Ibrahim said any talks with Iran must aim to end the war. Grouped from 39 articles across 9 sources.
London-based firm has become high-profile victim of market upheaval sparked by Middle East conflict
The chaos of the Iran war will have long-term consequences for investors and the dollar
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…