Iran war starts to hit global economy, business surveys show

[groundloop]

Source: 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 off indefinitely a large chunk of the world's energy supplies.

The ensuing leap in the price of oil, gas and other related products is a potential double whammy for economies around the world, feeding ​through into wider inflation and stunting growth.

Beyond the trouble that spells for leaders of those economies - including U.S. President Donald Trump himself - it ​has already prompted many of the world's central banks to envisage tighter policy to keep a lid on price pressures.

Read more: https://www.reuters.com/world/asia-pacific/iran-war-starts-hit-global-economy-business-surveys-show-2026-03-24/

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But hey, tRump is thrilled because nobody is talking about the tRump-Epstein Files anymore.

[mwmisses4289]

1. Oh, the files are still being talked aboout.

For now, it is toned down. But it will come roaring back.