Middle East conflict poses fresh test to central banks as oil shock fuels inflation | Metals Mine

  • Middle East conflict poses fresh test to central banks as oil shock fuels inflation

    From cnbc.com

    A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus for shoring up growth. Crude prices soared on Monday after the U.S. and Israel launched strikes on Iran over the weekend, killing Iranian Supreme Leader Ali Hosseini Khamenei. Tehran responded with missile attacks targeting multiple Gulf countries. Tanker traffic through the Strait of Hormuz, the world’s most critical chokepoint for oil shipments, has effectively stalled as the threat of attacks from Iran deterred vessels from passing through the ... (full story)

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Twocans
Mar 4, 2026 1:56am
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CNBS..er CNBC.. Yawn, again.
Jwosjw
Mar 4, 2026 1:25am
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Trumpstein is shitting himself. On one hand he has Jeff's home videos to worry about and on the other there's the world economy fully dependent on Iranian deciding to hit all oil refineries in the region or not
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