A News-Based Approach to Measuring Shortages and Their Effects on the Global Economy

Dario Caldara and Matteo Iacoviello

No 2026-06-26-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The conflict in the Middle East has severely constrained global supplies of oil and natural gas. The conflict is also disrupting the provision of other inputs critical to global supply chains, such as naphtha and fertilizers, leading to lengthier delivery times and surging prices for affected products.

Date: 2026-06-26
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:103467

DOI: 10.17016/2380-7172.4112

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