Moody’s: Global Credit Risks Rise as War Persists

Moody’s: Global Credit Risks Rise as War Persists
Moody’s: Global Credit Risks Rise as War Persists
Moody's Investors Service has warned that if the U.S.-Israeli war on Iran continues for several months, it could lead to disrupted trade flows, surging energy prices, tightening financial conditions, and a slowdown in global growth.اضافة اعلان

The credit rating agency explained that companies with low credit ratings, particularly those facing near-term financing maturities, will be the most vulnerable to these risks.

Moody's noted that corporate credit risks are especially concentrated in the aviation, building materials, and chemicals sectors, due to their high energy dependency.

Profits for low-cost airlines and non-essential consumer goods are expected to be hit by a diminished ability to pass through costs and declining demand. Conversely, the energy and defense sectors are likely to benefit from these developments.

Agencies