Reuters: The Iran war has changed global market dynamics
Reuters reported that three months after the start of the Iran war, the continuous rise in oil prices has sparked new concerns about inflation and interest rates in the global economy.
According to this report, the approximately 40% increase in oil prices has altered the outlook of financial markets, and the price of crude oil in the real market has at times reached nearly double the level before the war.
Reuters wrote that this crisis, along with the pressure on some Asian currencies, has simultaneously contributed to the strengthening of the dollar and the growth in the value of safe assets.
The report also indicates that the unprecedented release of 400 million barrels of oil from the strategic reserves of major countries and the efforts to find alternative sources have compensated for part of the supply shortage, but the pressure on the global energy system continues to rise.