Kamco says renewed U.S.-Iran conflict risks higher Gulf inflation
Gulf inflation is described as relatively subdued despite energy-price volatility. Kamco Invest warns renewed U.S.-Iran hostilities could push price pressures higher, keeping oil elevated and raising inflation via energy, shipping and supply costs.
Gulf inflation has remained relatively subdued despite sharp energy-price volatility, but renewed U.S.-Iran hostilities risk driving price pressures higher, Kamco Invest says.
Continued conflict is likely to keep oil prices elevated and add to inflation through higher energy, shipping and supply co…