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The New Statesman

The New Statesman

Will Netanyahu upend the global economy?

The New Statesman
Summary
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73% Informative

A sustained conflict could disrupt not only Iran ’s energy exports, but those of other countries in the region.

A prolonged surge in global energy prices could increase the risk of inflation and recession in the UK , US and Europe .

The implications could spread to the US presidential election and the war in Ukraine .

Russia would, as the world’s second -largest oil producer, stand to gain from rising prices.

If exports from the Middle East are constrained, Russia will be able to export at very favourable prices.

This, then, is perhaps the decisive test of whether American diplomacy can restrain Netanyahu , and whether Netanyahu can in fact be restrained.