Rising energy, transport and food costs due to the Iran war could strain public finances and raise pressure on household budgets in developing economies, according to a UNCTAD report.
This may potentially heighten economic and social pressures and complicate progress toward sustainable development there, particularly in nations heavily dependent on imported energy, fertilisers and staple foods, it said.
This may potentially heighten economic and social pressures and complicate progress toward sustainable development there, particularly in nations heavily dependent on imported energy, fertilisers and staple foods, it said.