Why an Iran war inflation shock could wreck global economic recovery - short news
Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecasts
Middle East crisis – live updates
An inflation shock triggered by the US-Israel attack on Iran could wreck a fragile global economic recovery that had been expected to gain momentum this year.
With oil and gas prices spiking, despite a pledge from Donald Trump to protect tankers making their way through the crucial strait of Hormuz shipping chokepoint, central..
source: The Guardian - 08.03.2026