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OPEC+ says prolonged Ukraine conflict would be major blow to global economy -Breaking

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© Reuters. FILE PHOTO : This is the logo of the Organization of the Petroleoum Exporting Countries. It can be seen at OPEC headquarters in Vienna, Austria on June 19, 2018. REUTERS/Leonhard Foeger

LONDON, (Reuters) – OPEC+ warned that the prolonged conflict in Ukraine would cause a severe economic impact on the world, according to an internal report seen by Reuters.

According to the report, “Consumer- and business sentiment will decline in Europe as well as in other parts of the globe, if only the inflationary effect the conflict has had is taken into account.”

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