Inflation
OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices
The organization, which published its latest economic outlook under the title “Navigating Successive Shocks,” also lowered Turkey’s 2027 growth forecast to 3.6%.
Renewed Middle East tensions send Brent Crude above $100
Iranian Rial hits record low as economic fallout from war takes hold - report
Trump declares Iran ‘officially a failed nation,’ says US will respond to strikes on Jordan
Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says
A 35-year-old man, one of 20 employees laid off because of wartime conditions, attempted to take his life in Mahshahr after the Labor Department failed to respond to his requests.
Israel in the eye of the storm — But the economy tells a different story
The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.
Inflation and housing prices show continued declines in Israel
Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.
Israel against the current
While the world talks about interest rate hikes, Israel returns to rate cuts
Israel’s inflation dynamics remain under control
A strong shekel, alongside structural energy factors, is moderating external price shocks.
World Bank warns of 16% rise in commodity pricing over Hormuz closure
World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.
UK inflation hits 3.3% as middle east conflict drives fuel prices
Dollar falls below three shekels for first time in over 30 years, annual inflation rate declines
Avraham Novogrocki, president of Israel’s Manufacturers’ Association, which represents some 1,500 firms and 400,000 workers, said the strong shekel posed a risk to the economy.
US consumer inflation expected to have surged in March amid Iran war
March's US Consumer Price Index is expected to show a sharp increase due to soaring oil prices from the Iran conflict, dampening hopes for a rate cut this year.
2026 market trends every MENA trader should watch
