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War in Iran could spark ‘stagflationary’ episodes worldwide, top economist warns | Fortune
One of macroeconomics’ worst-case scenarios could be coming for the global economy, according to Mohamed El-Erian.
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economist.com
War in Iran could cause the biggest oil shock in years
Prices will surge in the short run—and may stay high for a while
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theguardian.com
Middle East crisis pushes up oil prices – and could drive inflation rises too
Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growth
