Consumer sentiment plummets to record low as Iran war jacks up inflation (cnn.com)

• Record-low consumer sentiment driven by rising energy costs.
• Supply chain disruptions in the Middle East fueling European inflation.
• Stagnating internal demand puts pressure on macroeconomic resilience.

"Consumer sentiment has reached record lows as the ongoing military conflict with Iran disrupts global energy supply chains and spikes inflation. The resulting supply-side shock has forced European households to tighten budgets, stifling internal demand and threatening macroeconomic stability. Businesses are facing significant headwinds as input costs surge, exacerbating fears of a prolonged economic slowdown across the continent."