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Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

by
Industry News

The world isn't just staring down another weather event. It's staring down a weather event colliding with a supply-driven oil shock. JPMorgan warned Friday that a "super" El Niño combined with higher energy prices from the Middle East conflict could slow the decline in global inflation next year, adding roughly 0.3 percentage points to headline…

Original report: OilPrice.com ·

Oil Shock Could Turn Super El Niño Into an Inflation Problem Again

This is a curated industry news brief from the MarineCraft News Desk. Read the original coverage at the source.

Read the full story at OilPrice.com →

Source: OilPrice.com