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The Economic Times

Economy / The Economic Times

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The $108 Oil War: Can the Middle East crash the world economy?

Middle East tensions could pose risks to the global economy. Analysts outline three potential scenarios for oil markets, ranging from limited disruption to more noticeable price increases. A significant escalation affecting energy infrastructure could add to inflationary pressures and complicate central banks policy decisions. Although past conflicts in the region have had relatively contained global effects, a broader crisis could create renewed challenges for energy markets.

11 Feb 2026 11:53 am