Iran conflict worsens Eurozone growth outlook, now at 0.9%. Closure of Bab el-Mandeb Strait by September 30 at 15.5% YES.

Euro-area growth forecast for 2026 cut to 0.8%-0.9% due to the Iran conflict. Rate cuts in 2026 at 14.5% YES.

Iran conflict worsens Eurozone growth outlook, now at 0.9%. Closure of Bab el-Mandeb Strait by September 30 at 15.5% YES.

Iran's conflict with the US raises uncertainty for the ECB's interest rate decisions. US-Iran deal with reconstruction funding in 2026 at 25.5% YES.