73
Markets2h 36m ago

The war in the Middle East rattled oil markets, disrupted energy supplies and fueled global inflationary pressures.

Archive Window: 30 Days Left

Middle East, Europe, U.S., Japan, France

Who
Trump, European leaders, French President Emmanuel Macron, Saudi Crown Prince Mohammed bin Salman, Qatari Emir Tamim bin Hamad Al Thani, Egypt’s Abdel Fattah El-Sisi, GOP strategist Matthew Bartlett, former Trump official, Philip Luck, White House official, senior White House official, Friedrich Merz, Caitlin Welsh
What
The war in the Middle East rattled oil markets, disrupted energy supplies and fueled global inflationary pressures.
When
Sat, 13 Jun 2026 14:00:00 GMT · 2h 36m ago
Where
Middle East, Europe, U.S., Japan, France ·
Why
The president’s decision to strike Iran and his back-and-forth over whether attacks will ramp up has led to a more hostile G7 summit.
The Frontline Impact

How this affects you

The ongoing conflict in the Middle East is causing significant global economic disruption, evidenced by rising inflation in the U.S. and Europe, likely interest rate hikes by central banks, and diminished global growth forecasts, impacting commodity markets and potentially leading to a global food crisis.

Story chain

6 events in this thread
  1. Markets2h 36m ago
    The war in the Middle East has rattled oil markets, disrupted energy supplies, and fueled global inflationary pressures.
    Open article
  2. Currently Reading2h 36m ago
    The war in the Middle East rattled oil markets, disrupted energy supplies and fueled global inflationary pressures.
  3. Markets6h 42m ago
    ICICI Bank Global Markets predicts inflation will reach 5.0 percent in FY27 with core inflation at 4.6 percent, based on a June 12, 2026 report.
    Open article
  4. Markets6h 42m ago
    ICICI Bank Global Markets noted in its June 12, 2026 report that inflation moved to a 16-month high, with CPI rising to 3.94 percent year-over-year in May from 3.48 percent in April.
    Open article
  5. Markets7h 23m ago
    ICICI Bank Global Markets forecasts inflation to rise to 5.0 percent in FY27 with core at 4.6 percent, driven by the West Asia conflict and a below-normal monsoon.
    Open article
  6. Markets7h 23m ago
    Inflation is headed higher to 5.0 per cent in FY27 with core at 4.6 per cent, ICICI Bank Global Markets said, as West Asia conflict and a below-normal monsoon keep upside risks alive.
    Open article

Verified Sources & Citations