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Will the new Middle East crisis rock the world economy? The markets say no – but I fear they’re wrong | Larry Elliott
The oil shocks of the 1970s-90s had brutal economic impacts. As Israel attacks Iran, a moderate rise in oil prices rests on questionable assumptions, says Guardian columnist Larry Elliott
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aljazeera.com
What would an Israel-Iran war mean for the global economy?
As attacks between Israel and Iran persist, the global economy could face an adverse shock if tensions aren't contained.
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theguardian.com
Will the new Middle East crisis rock the world economy? The markets say no – but I fear they’re wrong | Larry Elliott
The oil shocks of the 1970s-90s had brutal economic impacts. As Israel attacks Iran, a moderate rise in oil prices rests on questionable assumptions, says Guardian columnist Larry…