Oil price dip may soften Iran war’s hit on Northern Ireland economy, but prolonged energy disruption could harm global growth
A recent drop in oil prices over the past two weeks has eased concerns that the Iran war will severely damage Northern Ireland's economy, giving hope that the impact could be brief. However, research released Wednesday warns that if the conflict leads to a prolonged disruption of energy supplies, the resulting shock would deliver a severe blow to the global economy, outweighing any temporary regional relief.
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Prolonged energy disruption from Iran war would be severe blow to global economy: Research
A new economic outlook released Wednesday indicates that a prolonged disruption of energy supplies resulting from the war in Iran would deliver a severe blow to the global economy, likely causing ...
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