Oil may no longer pose the same threat to the global economy — but another risk ‘may be around the corner,’ says Citigroup

AI Summary

Citigroup economists warn that while oil may no longer threaten the global economy as before, the emergence of El Niño could disrupt agriculture, infrastructure, and productivity worldwide. This climate phenomenon poses risks affecting commodities, health, and global stability.

Economists at the investment bank wrote that an El Niño could disrupt agriculture, infrastructure and productivity