Tensions in the Middle East are raising concerns about an outright regional war. This follow's Israel's killing of Hezbollah's leader, Hassan Nasrallah, who was revered not just in Lebanon, but in Iran and other parts of the Middle East. And with Israel not retreating from its onslaught on Lebanon, there are concerns that tension will only intensify. If the worst fear occurs, what will this mean for the oil price, supply chains and the wider global economy, not to mention inflation. I'm joined by Dr Azar Jammine, he's a director at Econometrix. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
Israel-Lebanon Conflict | Impact of escalating tensions on wider global economy: Dr Azar Jammine
Tensions in the Middle East are raising concerns about an outright regional war. This follow's Israel's killing of Hezbollah's leader, Hassan Nasrallah, who was revered not just in Lebanon, but in Iran and other parts of the Middle East. And with Israel not retreating from its onslaught on Lebanon, there are concerns that tension will only intensify. If the worst fear occurs, what will this mean for the oil price, supply chains and the wider global economy, not to mention inflation. I'm joined by Dr Azar Jammine, he's a director at Econometrix. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.