Energy Shock Will Hit Asia and Europe Hard

The Iran War’s Economic Threat to Europe and Asia
https://www.nytimes.com/2026/03/19/business/iran-war-fiscal-spending-debt.html
Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are fresh.   

Iran war fallout lands hardest on Europe's most gas‑dependent nations
https://www.reuters.com/markets/commodities/iran-war-fallout-lands-hardest-europes-most-gasdependent-nations-2026-03-19/

Related:

America may be a petrostate. But the energy shock still hurts
https://www.economist.com/finance-and-economics/2026/03/19/america-may-be-a-petrostate-but-the-energy-shock-still-hurts