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Conflict in the Middle East Presses Oil Impact Prices, Warns Fosdeh Economist
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2 Articles
Conflict in the Middle East Could Trigger Inflationary Pressures in Honduras, Warns Fosdeh Economist
TEGUCIGALPA, HONDURAS. – The economist of the Social Forum of External Debt and Development of Honduras (Fosdeh), Mario Palma, warned that the current war conflict in the Middle East could generate inflationary pressures in Honduras, due to its impact on the international oil market and global trade routes. Palma began its analysis [...]
“About 20% of the oil consumed in the world is linked to that area, so any tension or conflict can have a direct impact on international prices,” he said. The entry Conflict in the Middle East pushes prices for oil impact, warns Fosdeh economist was first published in Digital Process.
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