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International Business Times UK

Corazon Victorino

Global Economy at Tipping Point as Iran War Oil Surge Sparks Financial Crisis Fears

Oil Iran Economy United States Donald Trump Inflation

Global markets react to rising energy prices amid Iran war tensions. (Credit: MART PRODUCTION/Pexels)

The global economy is edging towards a fragile moment as the Iran war pushes oil prices higher and unsettles confidence across markets. What started as a geopolitical shock is now seeping into everyday life, and economists say the real damage may still lie ahead.

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One subscription that gives you access to news from hundreds of sites

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