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Russian President Vladimir Putin compared the global economic impact of the war involving Iran to that of the COVID-19 pandemic, according to reports on March 27.
Russian President Vladimir Putin compared the global economic impact of the war involving Iran to that of the COVID-19 pandemic, according to reports on March 27.
The comparison points to the scale of disruption he sees in energy supply, shipping and trade. The remarks did not include specific figures or forecasts.
Statements by leaders of countries with a stake in energy markets can carry a political angle as well as an economic one. For a measured view, compare such remarks with data from energy agencies and central banks, which publish regular assessments of supply, prices and growth.
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