The EY geostrategic analysis for May 2026 warns that the energy price shock linked to the Iran war will suppress consumer spending globally.
Tag: Price
Energy Price Shock from Middle East War Expected to Constrain Household Consumption
EY analysts projected that the energy price and supply disruption caused by the ongoing Middle East conflict will weigh on household spending particularly for durable goods.
Crude Oil Price Softening Helps Indian Markets Recover from Early Volatility on May 20
A dip in global crude oil prices provided relief for Indian equity markets which were under pressure due to Middle East tensions