Latest news and articles about war in the middle east from NEX English
The chemical industry in the Middle East is facing increasing pressures due to the American-Israeli civil war against Iran, leading to a sharp rise in raw material prices. This situation coincides with a growing global inflation crisis.
Patrick Pouyanne, CEO of TotalEnergies, predicts that the continuation of the war in the Middle East for more than six months will cause significant economic damage globally. However, if it lasts only a few months, the impacts will be manageable due to available oil reserves.
Pope Leon condemned the ongoing war in the Middle East, deeming the death and suffering a 'scandal for the entire human family.' His remarks come as the conflict enters its fourth week, with a call for an immediate ceasefire.