Sign in
Stories
Geopolitical Tensions Impacting Inflation
Share
BP Halts Red Sea Shipments Amid Houthi A...
Crude Oil Prices Surge as Red Sea Attack...
Economic Fragmentation Threatens Global ...
Allies Hesitant on Red Sea Force
Crude Oil Prices Surge After Strikes in ...
Denmark to Deploy Frigate in Red Sea Tas...
Overview
API
Geopolitical tensions in the Middle East, particularly US and UK airstrikes on Houthi targets in Yemen, have disrupted global supply chains and pushed up freight costs, leading to concerns from various countries. The military action reflects the deepening fallout from the Israel-Hamas war and involves the US against an Iranian proxy, leading to increased aggression in the region. Despite the limited impact on global economy, the added costs of recalibrating shipping routes and upward pressure on energy prices pose a challenge for central banks trying to achieve a 2% inflation target.
Ask a question
How might the geopolitical tensions and military actions in the Middle East affect other global trade routes and supply chains?
How might the geopolitical tensions and military actions in the Middle East impact the diplomatic relations and stability in the region?
What strategies could central banks employ to mitigate the added costs of recalibrating shipping routes and upward pressure on energy prices in the face of geopolitical tensions?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Coverage