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As the Iran war enters its third week, oil and gas prices are surging, causing a global energy shock. This is disrupting international trade, accelerating inflation, and leading to shortages of food and medicine.

Iran War Deepens Global Energy Crisis

The Iran war, now in its third week, has led to a sharp increase in global oil and gas prices, creating a severe energy shock worldwide. This situation is hindering international trade and accelerating inflation. Consequently, the spread of food and medicine shortages is raising concerns across various economies and societies globally.

Governments Implement Emergency Measures

According to CNBC, governments worldwide are actively devising various emergency measures to tackle the soaring energy prices. Key initiatives include fuel export bans and the relaxation of refining standards. While these measures aim for short-term market stabilization, analysts suggest that further actions will be urgently needed if the conflict prolongs.

*Source: 마켓인 (2026-03-15)*

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