Amr Adib warns that Iran war could shake the global economy

AI Summary

Egyptian media host Amr Adib warned that escalating conflict in the Middle East could severely impact the global economy. Rising oil prices, driven by threats to Iranian oil facilities, have pushed barrel prices to $85 with expectations of further increases amid fears of a broader crisis.

Egyptian media host Amr Adib said that the escalating conflict in the Middle East will lead to dire repercussions, as threats to target oil facilities inside Iran have driven up oil prices amid fears of a wider crisis. The price of a barrel of oil has returned to US$85, with expectations that it could reach … The post Amr Adib warns that Iran war could shake the global economy appeared first on Egypt Independent.