How exposed is the global economy to Persian Gulf energy supply?
Current tensions in the Middle East have renewed concerns about global energy security and its impact on the global economy. OECD analysis shows that dependence on Persian Gulf energy extends far beyond direct oil imports, creating vulnerabilities that could weigh on inflation, growth and supply chains if the disruptions persist.
by Christine Arriola, Seung-Hee Koh, Catherine MacLeod, OECD Economics Department
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