The recent tensions between Iran and its adversaries have reignited concerns about global inflation. Rising oil prices, sanctions, and supply chain disruptions are expected to drive up costs for consumers and businesses alike. Economists warn that a prolonged conflict could have far-reaching consequences for the world economy, including higher prices, reduced growth, and increased uncertainty.
Source: https://www.ft.com/content/d4f1c4a8-ed5f-4f2a-8b70-436b93f9052b