From India to Italy, Trump’s Iran war is rippling through the world economy

Geopolitical conflicts, especially in oil-producing regions, have a direct and significant impact on global commodity prices, inflation, and central bank monetary policy decisions, affecting all sectors.

• •The US–Israel war in Iran is sending shockwaves through the global economy.
• •Pushing up prices of oil, gas and key industrial inputs.
• •Raising fears of higher inflation that may force central banks to increase interest rates.
• •Risk flag: Rising inflation
• •Risk flag: Interest rate hikes by RBI