Fitch Ratings predicts 2024 impact from soaring oil price

Fitch Ratings warns that disruptions in the Middle East's oil supply could cause higher oil prices, impacting global economic growth and leading to inflation. If oil prices spike to $120 per barrel in 2024 and $100 per barrel in 2025, there could be a 0.4 percentage point reduction in global GDP growth in 2024 and a 0.1...