Moody's Warns: Iran Crisis Could Slow Global Economy if Oil Hits $100

• Global credit rating agency Moody's warns high oil prices due to Iran crisis could slow the global economy.
• If Brent Crude Oil exceeds $100/barrel for long, energy-importing regions like Asia and Europe will be hit hardest.
• Expensive energy will increase inflation, raising consumer prices and production costs, reducing purchasing power and investment.
• Persistent inflationary pressures may force central banks to keep interest rates high for an extended period.
• Long-term energy supply disruptions from the region would heighten energy security concerns and deepen economic pressure.