🔥J.P. Morgan: The U.S. may be the least economically affected by the Middle East conflict, while Russia is the winner

On April 10, J.P. Morgan global economist Mohit Kumar pointed out in a report that the Middle East conflict has varied gains and losses for different parties, with the U.S. economy potentially being impacted the least by rising oil and gas prices. From a geopolitical perspective, Russia is the winner of this war, while Iran is expected to leverage the situation to lift sanctions. Kumar stated that the main losers are Gulf countries, which will face a more assertive Iran, and their economies have already been heavily impacted. Asia, due to its reliance on Middle Eastern oil and gas supplies, suffers economic losses; Europe, on the other hand, loses geopolitical influence, "because the world clearly no longer cares about Europe's opinion." (Gold Ten)