Global economy under 'major' threat as Middle East war carries on

The ongoing Middle East war is described as a 'major' threat to the global economy as the conflict continues. Expect upward pressure on oil and energy prices, supply-chain disruptions and renewed inflationary risks, prompting risk-off positioning from investors. These dynamics could weigh on growth, stress emerging markets and force closer monitoring of commodity prices, shipping routes and central bank responses.

Analysis

The ongoing Middle East war is described as a 'major' threat to the global economy as the conflict continues. Expect upward pressure on oil and energy prices, supply-chain disruptions and renewed inflationary risks, prompting risk-off positioning from investors. These dynamics could weigh on growth, stress emerging markets and force closer monitoring of commodity prices, shipping routes and central bank responses.