Escalating geopolitical tensions threaten global economic outlook
Edited By WION Video Desk
Published: Oct 10, 2023, 04:50 IST | Updated: Oct 10, 2023, 04:50 IST
The risks emanating from the escalating Israel-Hamas conflict in addition to the Ukraine war point to a worsening global economic outlook. Just when the world was starting to recover somewhat from the war in Ukraine the Israel-Hamas conflict came as a severe economic risk that's reflected in a surge in crude prices which is likely to push up elevated inflation even further.
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