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Iran Conflict: Moody's Warns of Global Economic Fallout if Oil Hits $100
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Moody's Warns: Iran Crisis Could Slow Global Economy if Oil Hits $100
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CNBC Awaaz
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07-03-2026, 09:31
Moody's Warns: Iran Crisis Could Slow Global Economy if Oil Hits $100
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Global credit rating agency Moody's warns high oil prices due to Iran crisis could slow the global economy.
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If Brent Crude Oil exceeds $100/barrel for long, energy-importing regions like Asia and Europe will be hit hardest.
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Expensive energy will increase inflation, raising consumer prices and production costs, reducing purchasing power and investment.
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Persistent inflationary pressures may force central banks to keep interest rates high for an extended period.
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Long-term energy supply disruptions from the region would heighten energy security concerns and deepen economic pressure.
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