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Experts warn of a new wave of price increases affecting transport, electricity, and food due to ongoing geopolitical conflicts. The situation in the Middle East is significantly impacting the global economy, with oil prices nearing $110 per barrel. This escalation is leading to higher costs across various sectors, including energy and agriculture. Central banks may need to raise interest rates to combat inflation, adding further pressure. Despite avoiding a major economic collapse so far, rising prices and geopolitical tensions complicate the outlook.