Surging energy prices and threats to shipping. How the Middle East war could hurt the global economy [CNN]
Goldman Sachs Group, Inc. (The) (GS)
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Source: CNN
The conflict raging in the Middle East will test the resilience of a global economy buffeted by tariffs and other trade disruptions over the past year. Barely a week into the latest turmoil in the region, there are already signs of strain along the carefully orchestrated arteries of global trade: from rice exports stuck at ports in India to spikes in the price of fertilizer critical to food production. A prolonged war that keeps energy prices high could drive up inflation and, with it, interest rates, piling pain on borrowers. Meanwhile, threats to cargo ships could snag supply chains, further raising prices for businesses and consumers. The widening conflict in the Middle East could be “very impactful on the global economy across a range of metrics,” such as inflation and economic growth, according to Dan Katz, deputy managing director at the International Monetary Fund. The severity of the economic consequences will depend on how long it lasts. Before the United States an
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Sec Filings
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- 3/5/26 - Form 424B2
- GS's page on the SEC website