Global Economy Facing Inflation Crisis as US-Israel War on Iran Escalates

The OECD warns that the US-Israel conflict with Iran threatens global economic growth, with Australia's economy also expected to suffer from higher rates and inflation.
The global economy is teetering on the brink of a major inflationary crisis, as soaring fuel prices driven by the ongoing US-Israel war on Iran threaten to undermine growth in European and Asian nations, according to a new warning from the Organisation for Economic Cooperation and Development (OECD).
The OECD's latest interim economic outlook paints a bleak picture, stating that the US-Israel conflict with Iran will
Source: The Guardian


