Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Monday, October 7, 2024
Risk of an Oil Shock
Fears of a Global Oil Shock if the Mideast Crisis Intensifies
https://www.nytimes.com/2024/10/07/business/middle-east-conflict-economic-risks.html
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
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