Special Episode: Conflict in the Middle East – The key macro and market questions

Amid widening conflict in the Middle East, our economist team held an online briefing first thing Monday to tackle some of the key questions that clients have been asking. In this edited clip from that briefing, you’ll hear the team tackle issues, including:

• The extent of disruption to traffic through the Strait of Hormuz and the implications for oil and gas prices;
• The point at which rising oil prices would force central banks to slow or abandon policy easing;
• The dollar as a safe haven currency in this time of geopolitical upheaval;
• How this conflict could shape the economic outlook for the GCC economies;
• The likelihood that a change of leadership in Tehran could open the way for a deal with the US.

With: Jennifer McKeown (Chief Global Economist), William Jackson (Chief EM Economist), David Oxley (Chief Climate & Commodities Economist), Jonas Goltermann (Deputy Chief Markets Economist). 

Note: This client briefing was held at 1000 GMT/1800 SGT on Monday, 2nd March

See our dedicated Iran conflict page below for more key analysis, and contact us at podcast@capitaleconomics.com to find out about access. 

https://www.capitaleconomics.com/key-issues/iran-conflict