BLUF

The economic fallout from conflict not only affects nations directly involved, but could have global implications.

Summary

KEY POINTS:
  1. There has so far been virtually no effect on oil and gas prices from the Israeli/Hamas conflict.
  2. This will change if others in the region pick a side and are drawn into the conflict.
  3. The IMF could not determine the likely risk the conflict is to the global economy.

References