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The Iran War Is Stress Testing Every Corner of Global Banking. Higher oil prices, pushing inflation up, will increase default probabilities for consumers and companies.
Gulf countries canceling investment contracts or selling U.S. bonds or alternative investments could rattle markets significantly
Gas prices have already risen sharply and could climb further if the conflict continues. Americans are rewriting their household budgets.
Americans face rising financial pressure as global tensions lift energy costs, push inflation higher and drive up delinquencies, late payments and hardship withdrawals.
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