Policymakers have begun to lay out fiscal supports to offset geopolitical shock

The overarching theme is one of investors pricing in the end of the conflict

Will the shift in power in the Strait of Hormuz permanently dent trade flows through the key channel?

Governments have less capacity to offset the oil shock than when Russia invaded Ukraine

With evidence of some market complacency regarding the potential economic impact from the current conflict, interest rate markets tell a very different story

No region will be spared the economic impact of a long-lasting war

The Iran conflict fuels energy market uncertainty, forcing central banks to reassess 2026 inflation and interest rate forecasts

Continued surge in corporation taxes means the Government has a war chest if energy shock endures

Energy prices and economic confidence will be influenced by the Iran conflict

Analysis suggests Ireland’s effective rate will rise minimally, but continue to average about 5%, but many Irish producers, including those in the agri-food sector, have been operating with tariffs in this range for several years