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S&P Global Platts

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The Repercussions of the US-Iran Tensions on Global Economy, Oil Market
January 5th, 2020 - 07:11 GMT

The Repercussions of the US-Iran Tensions on Global Economy, Oil Market

The growing tensions between Iran and the US will aggravate situations in developed and emerging countries, and across different sectors. Analysts estimate that inflation will jump and emerging economies will face a balance of payment crisis, while oil will bear the brunt if a US-Iran war breaks out. More importantly, global economic economy could spiral out of control. Tensions in the region have been running high since Friday following the ...
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