Iran War Fallout: Global Economic Impacts, Rising Mortgage Rates, and Illicit Oil Trade
The Iran war continues to impact major economies worldwide, leading to rising mortgage rates due to a 'war premium,' benefiting US gas exporters, causing gold prices to tumble, and allowing the illicit 'shadow fleet' oil trade to capitalize on the chaos.
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India’s March private business activity slows to lowest since Oct 2022, missing forecasts
India's private-sector business activity, which had been on an upswing since the start of 2026, falters in March due to shockwaves from the Iran war
Read full article →Iran war starts to hit global economy, business surveys show
WASHINGTON (Reuters) -- The Iran war is already taking a toll on major economies around the world, according to business surveys on Tuesday which showed how a surge in energy prices and rising uncertainty were dampening activity and pushing inflation expectations higher. The initial findings of questionnaires sent to purchasing managers at companies in the United States, Europe and Japan are the most comprehensive snapshot yet of the economic impact of the near four-week conflict that has shut
By The Korea Herald
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