How a Persian Gulf conflict could impact commodities markets https://ift.tt/2xW7Ulr - Walletnews For Me

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Saturday, July 20, 2019

How a Persian Gulf conflict could impact commodities markets https://ift.tt/2xW7Ulr

A lengthy conflict in the Persian Gulf could tip economies into recession and even accelerate the move away from fossil fuels. In case of a full regional conflict, the oil will rise past $100 a barrel, if there are only limited strikes, oil might set at $80, analysts said. Japan, India and South Korea would be some of the most vulnerable economies to a Persian Gulf war.
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