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FT: Iran war sparks early sign of demand destruction as petrol prices surge

FT: Iran war sparks early sign of demand destruction as petrol prices surge
Iran war linked to petrol price surge

FT, industry influencer, highlights an early indication of demand destruction driven by the Iran war, which has led to a surge in petrol prices.

The post draws attention to the impact of geopolitical unrest on energy costs, particularly in the context of the recent rise in petrol prices.

El-Erian has recently highlighted concerns about stagflation and the worst monthly loss for 60/40 portfolios since 2022 in a previous report. He also noted a Wall Street Journal article expected to prompt discussion on the economy and markets in an earlier post. These updates come as markets continue to react to shifting global conditions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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