Key Points
- G7 economies face energy shock, inflation risks
- Emerging economies hit by oil price surge, remittance issues
- Gulf region impacted directly, may see economic contraction this year
LONDON, March 24 (Reuters) – The Iran war, now in its fourth week, is creating a major crisis in energy supplies that is impacting every corner of the global economy. But it is already clear that some countries are either more exposed to that impact or less able to deal with it.