Echoes of 2022? Markets look back to Russia playbook for Middle East conflict

A Middle East war is threatening to trigger another inflationary shock, prompting global markets to revisit the playbook from Russia’s 2022 invasion for implications on supply, energy and prices. Investors are positioning defensively amid concerns of higher oil and commodity prices, renewed inflationary pressures and potential central-bank policy responses.

Analysis

A Middle East war is threatening to trigger another inflationary shock, prompting global markets to revisit the playbook from Russia’s 2022 invasion for implications on supply, energy and prices. Investors are positioning defensively amid concerns of higher oil and commodity prices, renewed inflationary pressures and potential central-bank policy responses.