Global Consequences of the Conflict between Israel and Palestine: Economic Impacts and World Stability
The conflict between Israel and Palestine, that lasts for decades, It is an issue that transcends regional borders. Its ramifications have the potential to reconfigure the world order, both economic and political. Let's deepen our analysis of the possible repercussions of this conflict on the international scene.
1. Economic Impacts
Oil Price Fluctuation:
Detailing: The Middle East is responsible for a significant portion of world oil production. Any instability may interrupt supply, leading to a sudden increase in prices.
Global Repercussion: Economies that rely heavily on oil imports, such as the European Union and India, may face energy crises and inflation. Besides that, exporting countries, like Ru....