As Iran war rolls on, some executives say the economic 'worst is behind us'
As the conflict involving Iran continues, some senior executives at a Reuters conference said the worst of the economic impact may be behind them. The remarks reflect a cautious recovery in markets. Still, they stressed that uncertainty and risks remain.
As the conflict involving Iran continues, some senior executives at a Reuters conference said the toughest period for the economic impact may be behind them. According to the executives, markets have gained some stability after the initial shock.
These assessments rest on a partial easing of volatility in energy prices and financial markets. Participants noted, however, that continuing geopolitical tension still poses risks.
According to analysts, this cautious optimism among businesses depends on an expectation that escalation will remain contained. Any new development in the course of the conflict could quickly change these assessments.
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