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Lagarde warns that Middle East war could lead to energy disruptions lasting for years
Investing.com – European Central Bank President Christine Lagarde said in an interview published in The Economist on Thursday that energy disruptions caused by the Middle East conflict could last for years, and those expecting a quick return to normalcy may be overly optimistic.
Lagarde pointed out that too much energy infrastructure has already been damaged. She added that the impact on the global economy could be greater than experts currently anticipate, although these effects will only become apparent gradually.
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