The build-up of US military forces in the Middle East has led to growing concerns about an attack on Iran and has pushed up oil prices. In light of these developments, we are re-sending this publication from late January which discusses the implications of a US strike on Iran.
Fresh strikes by the US on Iran would, coming in the wake of recent protests in the country, raise the chances of some form of regime change which could eventually pave the way for Iran’s possible reintegration into the global economy. More immediately, strikes on Iran would risk causing oil prices to jump and threaten to boost inflation in much of the world, reducing the pace or number of interest rate cuts by major central banks.
In view of wider interest, we are also making this Middle East & North Africa Economics Update available to clients of our Global Economics, Commodities, Emerging Markets, and Asset Allocation services.
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