
Financial analyst Bassem Ennaifer warns of the lasting repercussions of the Middle East conflict on the global economy, including Tunisia. Speaking on April 15, 2026, on Express FM's Eco Mag, Ennaifer analyzed the International Monetary Fund's latest projections amid rising regional tensions. He noted that new global growth forecasts are less optimistic, a direct consequence of the current situation. The conflict has directly impacted not only oil prices but also a broader range of strategic raw materials, particularly fertilizers, a significant portion of which are produced in the region, affecting agricultural sectors. The rise in energy prices is the primary transmission channel, first affecting oil-importing countries before spreading globally. Ennaifer highlighted concerns over tensions around the Strait of Hormuz, a critical point for global oil trade. While short-term stocks prevent immediate supply disruptions, a prolonged situation could become critical after several weeks or months. Asian economies like China, India, Japan, and South Korea are particularly exposed due to their reliance on energy imports from the region, and any disruption to their activity would have global repercussions. Ennaifer emphasized the interconnectedness of the global economy, where a slowdown in major economies automatically reduces demand for exporting countries. The crisis's effects vary across Gulf economies; Qatar, with its gas-centric model, is more exposed, with some gas facilities
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This summary was AI-generated from a story originally published by Business News.