April 26: Impact of US-Iran War on International Economy, Financial Markets, and People's Livelihoods
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The Middle East war has caused international oil prices to surge, disrupting Germany's economic recovery. Germany's economic growth forecasts for this year and next have been revised downwards. Meanwhile, Singapore has significantly increased its imports of Russian fuel oil to replace lost Middle Eastern supplies. Iran's Tehran International Airport has also resumed international commercial flights after nearly two months of conflict.