Iran War Sparks Oil Surge, Yet Goldman Sees Limited Global Supply Fallout

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Source: Business Insider
Iran War Sparks Oil Surge, Yet Goldman Sees Limited Global Supply Fallout
Photo: Business Insider
TL;DR Summary

Goldman Sachs says the Iran conflict is driving an oil-led shock rather than a broad global supply crisis, forecasting global GDP about 0.3% lower and headline inflation roughly 0.5–0.6 percentage points higher over the next year, aided by limited non-energy Gulf trade exposure and generally intact supply chains.

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