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Published on: 06/03/2026 - 16:08 Last updated: 06/03/2026 - 16:10

As the war escalates in the Middle East and the Strait of Hormuz closes, we wonder about the economic repercussions of this crisis: Will rising oil prices lead to a new wave of global inflation? Can producing countries compensate for any sudden shortfall, and are their financial reserves sufficient to withstand a prolonged shock? What impact will this disruption have on food prices and global supply chains? What is the economic damage to the energy and tourism sectors in the Gulf countries? To what extent will emerging economies and energy importing countries be affected, and what is the position of China and India on these tensions?

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