Iran war will take the world economy into a more complicated phase

complicated phase

PNN – The Israeli news channel “i24NEWS” pointed to assessments in Israel, the United States and major world countries that the world economy is at risk of entering a more complicated phase, warning that the real impact of the war has not yet been clarified.

According to the report of Pakistan News Network, citing Al-Mayadeen, the Israeli news channel “i24NEWS” reported that estimates in Israel, the United States and major world capitals indicate that the continuation of the war may push the world economy into a more complicated phase.

The report of this Zionist media outlet continues: The US-Israeli war against Iran has had a direct and rapid impact on the global economy, and warnings indicate that the true impact of this war has not yet been fully revealed. The greatest economic consequences are concentrated around the Strait of Hormuz, and with the continuation of Iranian restrictions and the increase in oil prices, disruption in shipping, increased transportation costs, and reduced supply of raw materials and petrochemicals, it has affected global industries.

The report adds: 279 global companies have cited war as one of the main reasons for their financial and austerity measures, with airlines suffering the most damage with about $15 billion in losses. Estimates from global investment banks show that corporate profit margins will come under increasing pressure in the next two quarters, and concerns about a new wave of inflation are growing, especially in the United States and Europe, due to continued increases in energy and transportation prices.

The Israeli channel “i24NEWS” also acknowledged: What is happening now is no longer just an energy crisis, but a test of the global economy’s ability to withstand successive geopolitical shocks.

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