Mar 15 • 10:48 UTC 🇳🇴 Norway NRK

Støre: The war in the Middle East could have significant impacts on the world economy

Norwegian Prime Minister Jonas Gahr Støre stated that the ongoing Middle East conflict could have major repercussions for the global economy, particularly affecting energy supply.

Norwegian Prime Minister Jonas Gahr Støre addressed the media regarding the ongoing Middle East conflict, particularly in light of recent attacks from the US and Israel against Iran. He emphasized that although Norway did not start the conflict, the repercussions would be felt by all nations, pointing to the wider implications of the war on the global landscape. Støre asserted the importance of adhering to international law amidst these tensions, highlighting that it is essential for countries to respect legal frameworks in times of conflict.

Støre also mentioned that many countries are concerned about the potential escalation of the conflict, which could exacerbate regional instability and lead to broader international issues. He underscored the significant consequences this war could have on the world economy, particularly with respect to energy supply in the Gulf region, suggesting that any disruption could severely affect global markets. This reflects growing tensions and concerns among countries regarding the direct and indirect effects of such conflicts on their economies.

In connection with this, a joint press conference is scheduled with Canada and the five Nordic countries—Denmark, Finland, Sweden, Norway, and Iceland—which indicates a collective regional approach to discussing the evolving situation in the Middle East. It also reflects how interconnected global politics and economies are in times of crisis and the importance of international cooperation in mitigating the impact of such conflicts.

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