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Policymakers Warn of Economic Turmoil Amid Iran Conflict

4/18/2026

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Story summary
  • Policymakers expressed uncertainty about the ongoing war in Iran and its economic implications.
  • Elisabeth Svantesson, Sweden's finance minister, warned of global impact and lower growth and inflation.
  • Pierre Gramegna of the European Stability Mechanism warned that conflict could trigger stagflation.
  • Kyriakos Pierrakakis, Greek Finance Minister, cautioned about an energy crisis from supply constraints.
  • The S&P 500 index performed well despite volatility, and the European Securities and Markets Authority urged market monitoring.