Economic research by the US Federal Reserve indicates that a US$45 rise per barrel in oil prices, which occurred in 2022 due to the war in Ukraine, increased annual US inflation levels by 0.5 percentage points.

Authors

• Person: Not available Organization: Deloitte
  Iran and Middle East conflict impacts global economy - Deloitte

Sources

• Iran and Middle East conflict impacts global economy - Deloitte www.deloitte.com Deloitte via serper

Referenced by nodes (1)

• Russia-Ukraine war event