Briefing: Markets may be underestimating how the Iran war could hit the global economy

The conflict in Iran is increasingly seen as a threat to key economic chokepoints, impacting energy routes and the supply of vital materials such as fertilizers and industrial gases.

Economists are expressing concerns that these disruptions may not only affect immediate supply but could also lead to long-term changes in global trade dynamics.

As supply chains face potential interruptions, the implications for global pricing structures could be profound, warranting close monitoring of the situation.