Europe Economics Weekly Effects of Iran conflict beginning to show up There were clear signs this week that the Iran conflict is causing inflation and inflation expectations to rise in the euro-zone. Next week we expect to learn that headline inflation jumped from 1.9%... 27th March 2026 · 9 mins read
Latin America Economics Weekly Few signs of fuel subsidies, the right on the rise Governments in Latin America, unlike those in other parts of the emerging world, have generally refrained from large fiscal measures to shield households and businesses from higher energy prices... 27th March 2026 · 7 mins read
Middle East & North Africa Economics Weekly Moving towards de-escalation?, Egypt‘s fuel-saving steps The Iran war seemed to be at a tipping point this time last week and recent developments provide, in the words of China’s foreign minister, “a glimmer of hope” that things are moving towards de... 26th March 2026 · 8 mins read
Commodities Update What to know on energy markets & demand destruction With the global economy potentially facing the largest energy supply shock in history, this Update considers how the oil market may adjust to a new equilibrium in the medium-to-long term. 23rd March 2026 · 4 mins read
Africa Economics Weekly New forecasts for Africa amidst the Iran war As the conflict in the Middle East rumbles on, we’ve adjusted our key macroeconomic forecasts for Sub-Saharan Africa. There are a few countries that stand to benefit from the sharp rise in global... 20th March 2026 · 7 mins read
Commodities Update Refined oil products caught in the maelstrom The surge in the prices of refined oil products is amplifying the economic impact of the energy crisis. Countries in Africa that ordinarily source oil products from the Middle East have been most... 20th March 2026 · 3 mins read
India Economics Weekly Energy shortages rather than prices the imminent threat for India Regulated prices insulate consumers in India from surges in global energy prices but they are no protection against – and, indeed, they contribute to – shortages of fuels and related products. We’ve... 20th March 2026 · 5 mins read
Commodities Weekly Energy market meltdown; gold failing to shine The attack on Qatar’s LNG export hub, which has knocked out 3-4% of global LNG supplies, grabbed the headlines and has caused natural gas and LNG prices to spike. On the face of it, there is some... 20th March 2026 · 6 mins read
Middle East & North Africa Economics Weekly Conflict at a tipping point? The conflict in the Middle East has escalated further over the past week, with damage to energy infrastructure in the region now the key concern. Comments from QatarEnergy’s CEO that LNG export... 19th March 2026 · 8 mins read
India Economics Update Energy shock looms large over India’s state elections India’s state election cycle kicks back into gear next month with the energy shock from the Iran conflict reverberating across the country. That raises the stakes for New Delhi: if the crisis... 18th March 2026 · 3 mins read
Europe Economics Weekly How might governments respond to the energy shock? If oil and natural gas prices remain high, it seems very likely that governments will step in with some fiscal support. The scale of that support is uncertain, but even if energy prices rise much... 13th March 2026 · 6 mins read
Asia Economics Update The Gulf remittance risk for Asia A prolonged conflict in the Middle East could hit remittance flows as worsening economic prospects in the Gulf weighed on demand for migrant workers. A collapse in remittances seems unlikely. But any... 13th March 2026 · 3 mins read
Commodities Update Oil market traders bracing for prolonged disruption Extreme volatility in front-month oil prices has captured the headlines, but there have also been large moves in the shape of the oil futures curve and in the options market. As it stands, investors... 12th March 2026 · 4 mins read
Asset Allocation Update Limited signs of distress in financial markets amid Iran War While the outbreak of the war in the Middle East has led to a surge in volatility across most major asset classes, there are limited signs of distress in core money markets. That may change if the war... 12th March 2026 · 4 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (March 2026) The conflict in the Middle East will lead to sharp falls in GDP in the Gulf economies and weigh on energy importers, especially in Asia. EM energy producers outside the Gulf will see a terms-of-trade... 12th March 2026 · 1 min read
