Global Economy, Hit by Iran War and Inflation, Faces Sharp Slowdown

Global economy fragile despite US-Iran truce: RBI

Global economy fragile despite US-Iran truce: RBI

Iran inflation nears 89% as war strains economy

Iran inflation nears 89 as war strains economy Iran's inflation rate accelerated sharply in June, reaching 88.6 percent year-on-year, according to the country's Statistics Centre, which linked the surge to the economic impact of the recent war. The official agency said food prices more than doubled during the Persian month of Khordad, which runs from 22 May to 21 June, compared with the same period last year. Bread and grain prices rose nearly 138.8 percent, while red meat and poultry prices increased 178.2 percent. Iran has faced persistent inflationary pressures for years amid international sanctions and economic instability. People and traffic move through central Tehran, 22 June 2026, after the United States temporarily suspended sanctions on Iranian oil following talks in Switzerland (Atta Kenare/AFP)

Chip Stocks Extend Losses as Middle East Tensions Push Oil Prices Higher

Global financial markets have been under pressure as renewed fighting between the United States and Iran threatens the fragile ceasefire reached last month. Fresh U.S. strikes on Iranian military targets, Tehran’s retaliatory attacks on U.S. facilities in the Gulf, and Washington’s decision to restore sanctions on Iranian oil have reignited concerns over energy supplies. The [] The post Chip Stocks Extend Losses as Middle East Tensions Push Oil Prices Higher appeared first on Modern Diplomacy.

PepsiCo (PEP) Q2 2026 Earnings Call Transcript

International markets drive growth as North America faces fuel headwinds.

Dubai Highlights Competitive Lifestyle Value and Regional Resilience in Julius Baer’s Global Wealth and Lifestyle Report 2026

Released amid a dynamic and complex global economic landscape, the Julius Baer Global Wealth and Lifestyle Report 2026 highlights the effects of geopolitical tensions, evolving trade routes, and volatile foreign exchange markets. Even with resilient financial markets, these macroeconomic shifts are significantly altering the cost of living for the worlds affluent. Globally, the price of [] The post Dubai Highlights Competitive Lifestyle Value and Regional Resilience in Julius Baer’s Global Wealth and Lifestyle Report 2026 appeared first on Middle East News 247.

Iran-US war in numbers: Five charts that lay bare the impact of Trump’s conflict

Nearly four months after the US and Israel launched a war on Iran, the lasting global impact is becoming clearer. Alex Croft reports

Iran's Economic Collapse Is Driving Society from Reform to Regime Change

Iran's worsening economic crisis has entered a new phase in which the issue is no longer merely inflation or declining living standards, but the erosion of the regime's political legitimacy. Record inflation, the collapse of purchasing power, and expanding nationwide protests indicate that growing segments of Iranian society have moved beyond demands for reform toward fundamental political change.

Serbia thankful to Russia for reliable gas supplies — minister

It is important especially today, when the global market is facing constant changes, structural and price-related, Nenad Popovic said

ECB flags high energy prices this summer and inflation above target through mid-2027

The outlook is set out in the European Central Bank’s economic bulletin. Rising prices are also spilling over into services and food. In the short term, investment is being held back, while defence spending is cushioning the effects of the war in Iran

Oil prices surge 4%, as U.S.-Iran tensions raise supply concerns

The growing Middle East tensions also affected global financial markets. The post Oil prices surge 4, as U.S.-Iran tensions raise supply concerns appeared first on BOL News.

World weathers historic oil shock, but depleted reserves bring risks

The world has coped unexpectedly well with the disappearance of over a billion barrels of oil since the start of the Iran war, yet the risk of sharp price increases still hangs as...

The fall of Tehran is no longer a foreign crisis

And the Islamic Republic is no longer merely a nuclear problem.

Middle East tensions threaten to push oil prices beyond current range, Eni CEO says

Milan, July 11 (SANA) Continued tensions in the Middle East could push global oil prices beyond their current range of 80 to 100 per barrel by the first quarter of 2027, Eni CEO Claudio Descalzi said, warning that prolonged regional conflicts are increasing pressure on energy markets. Speaking to Reuters on Saturday, Descalzi said withdrawals []

Pound Weakens Amid Starmer Resignation; Iran Cites Peace Talk Progress | Bloomberg Brief 6/22/2026

US equity futures waver and oil dips as Iran cites major progress in peace talks with the US. The pound falls against major currencies as UK Prime Minister Keir Starmer announces his resignation. Monica Defend of Amundi Investment Institute looks ahead to a busy week of economic data. (Source: Bloomberg)

The Impact of Financial Fragmentation and Geopolitical Turmoil on Global Trade

Financial fragmentation from geopolitical turbulence is reducing gross domestic product (GDP) worldwide growth by between US213 billion and US307 billion, according to new research by World Economic Forum (WEF) in collaboration with Oliver Wyman. Further escalation of this fragmentation could severely worsen this damage, lowering economic output growth by up to 6.4 points and causing [...] The post The Impact of Financial Fragmentation and Geopolitical Turmoil on Global Trade appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

Oil prices march upward again as the U.S-Iran conflict intensifies—and it’s yet another headache for Warsh and the Fed

Escalating tensions between the U.S. and Iran have knock-on effects for inflation expectations and as a result, the trajectory of the base rate, notes Goldman Sachs.

In the Strait of Hormuz, Iran is forcing a moment of truth on Trump

Both Iran and Israel are gambling a great deal of their futures on what Trump will do next. Indeed, the fate of the world, in a very real sense, hangs in the balance.

EDB's expansion to 11 countries reframes Central Asia's place in global finance

EDB's expansion to 11 countries reframes Central Asia's place in global finance

Iran's year-on-year inflation hits 88.6%

Iran's year-on-year inflation rate in the third month of the current Iranian calendar year, between May 22 and June 21, rose to 88.6 percent, the official news agency IRNA reported on Saturday, said Xinhua. Citing figures released by the Statistical Center of Iran, the report said the country's consumer price index in the same Iranian month, called Khordad, reached 656.4 units, indicating a 5.9 percent increase from the preceding month and an 88.6 percent rise year-on-year. It added that the index recorded a growth of 62 percent during the 12-month period ending June 21, compared with the same period a year earlier. The rise in Iran's inflation rate has gained momentum since the reimposition of U.S. sanctions following Washington's withdrawal from the 2015 nuclear deal between Tehran and world powers. Inflation has accelerated more rapidly in recent months amid the country's conflict with Israel and the United States since earlier this year.

IMF semak turun unjuran pertumbuhan ekonomi global 2026 susulan krisis Asia Barat

WASHINGTON: Tabung Kewangan Antarabangsa (IMF) menyemak turun unjuran pertumbuhan ekonomi dunia bagi 2026 kepada 3.0 peratus berbanding 3.1 peratus yang dibuat pada April lalu, susulan peningkatan ketidaktentuan dan risiko daripada konflik baharu di Asia Barat. Unjuran dalam kemas kini Prospek Ekonomi Dunia tersebut dibuat sebelum berlaku pertukaran serangan terbaharu antara Amerika Syarikat (AS) dan Iran ... Read more The post IMF semak turun unjuran pertumbuhan ekonomi global 2026 susulan krisis Asia Barat appeared first on Utusan Malaysia.

Crude may revisit early-2026 highs if tensions worsen, but Asian refiners better prepared this time: International Oil Analyst

By Nikhil Dedha Singapore, July 9 (ANI): Global crude oil prices could revisit the highs seen earlier this year if tensions between the United States and Iran continue to escalate, although Asian refiners are now better prepared to deal with supply disruptions than they were at the beginning of the conflict, June Goh, Senior Oil Market Analyst at Sparta Commodities, told ANI.Speaking in an exclusive conve

The US-Iran War and Greater Eurasia

In spite of pessimistic forecasts of certain doom for Iran if Tehran ever found itself in a direct confrontation with Washington, the Islamic Republic withstood the overwhelming US-Israeli blow launched against it after decades of mounting tensions. With Iran emerging from the conflict as the first state in fifty years to survive a war with America, the outcome of the Middle East clash may now send ripples throughout an international system already fraught with uncertainty. Timofei Bordachev, Programme Director of the Valdai Discussion Club, examines the consequences of the Iran War for the macroregion of Greater Eurasia.

Trump’s Iran rupture rattles markets as stocks slide, oil jumps more than 5.5% and bond yields surge

Renewed Middle East tensions, US strikes on Iran and Trump’s trade threat against Spain trigger a sharp sell-off across global markets The post Trump’s Iran rupture rattles markets as stocks slide, oil jumps more than 5.5 and bond yields surge appeared first on ProtoThema English.

You Can’t Be a Superpower Without Allies

As the war in Iran appears to come to a fragile close, Americans are left to wonder why it has accomplished so little. How could a middle power like Iran — geopolitically isolated, economically on the ropes after years of sanctions and beset by widespread protests — face down a global superpower that spent 29 []

America’s Credibility Problem Isn’t Just Financial

The U.S. is looking poorly on the global stage. For one thing, the debacle in Iran is dragging on far too long. Iran’s military capabilities are nowhere near the level of the U.S. And while the U.S. has crippled Iran’s navy, air force, and most of its missile defense systems, the latter nation has thus []

Trump’s golden mirage for Iran

The solution to the 'Iran problem' isn't money; it is good governance. The post Trump’s golden mirage for Iran appeared first on World Israel News.

IMF sees world economy growing just 3% this year amid Iran war

The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is being partially offset by booming investment in artificial intelligence and other technologies. The IMF now expects the global economy to expand by a sluggish 3 per cent in 2026, down from 3.5 per cent last year and from the 3.1 per cent it had forecast for this year back in April. The fund expects...

Sanctions, Oil, and the New Battle for Iran’s Economy

As Washington temporarily eases sanctions and Europe redefines compliance rules, the future of Iran’s energy sector, and the balance of power between the state and the IRGC, hangs on a 60-day diplomatic window. The post Sanctions, Oil, and the New Battle for Iran’s Economy appeared first on Jerusalem Center for Security and Foreign Affairs.

Renewed Fighting in Iran Revives Potential for a ‘Cascade’ of Economic Consequences

Renewed Fighting in Iran Revives Potential for a ‘Cascade’ of Economic Consequences

LARRY KUDLOW: It’s time for the Marines to take Kharg Island

It would completely cripple what’s left of Iran’s already decimated economy

The Economic Catastrophe of Trump’s Iran War: Why the Strait of Hormuz Matters More Than You Think

(NaturalNews) Introduction: The Economic Shockwave We IgnoredThe war with Iran is not just a military misadventure but an economic catastrophe that will rival the...

Iran survived the first round, the next may be worse

The region enters a fragile pause - with diplomacy, deterrence and nuclear risk back at the center At the start of the US and Israeli military campaign against Iran, we identified seven lessons from the new conflict. Sanctions, we noted, are often followed by force; pressure on Iran would be long-term; concessions to

Italian confidence data sends mixed signals in June

EUROPE: Data mostly collected before the signing of the US-Iran deal still point to consumer vulnerability and mixed improvements among businesses. A clear slowdown in GDP growth in the second quarter seems highly likely

Iran's Vice President: Relations of Islamic Countries have taken new shape in Post-War Era

Iran's Vice President: Relations of Islamic Countries have taken new shape in Post-War Era

Dollarama: Buy The Global Expansion Story

Dollarama: Buy The Global Expansion Story

Renewed U.S.-Iran Fighting Could Trigger Middle East Oil Market Share Battle

Renewed fighting between the United States and Iran has shattered expectations of a lasting ceasefire, bringing fresh concerns over prolonged oil supply disruptions from the Middle East. The conflict has reignited debate over the stability of global crude markets, with traders and analysts watching closely for any signs of escalating disruption to regional production. Speculation [] The post Renewed U.S.-Iran Fighting Could Trigger Middle East Oil Market Share Battle appeared first on Foreign Policy Journal.

Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

Global oil demand set for first annual decline since 2020, IEA says 

The International Energy Agency projects a significant downturn in global oil demand for 2026. This marks the first annual decline since the 2020 pandemic. The agency cites the ongoing conflict involving Iran as the primary catalyst for this shift. Hostilities in the Middle East have severely damaged production capacity and disrupted critical export routes. Impact []