As a result of the 2003 war in Iraq, some MNCs feared that oil prices would ____ and that inflation and interest rates would ____.

Name: As a result of the 2003 war in Iraq, some MNCs feared that oil prices would ____ and that inflation and interest rates would ____.
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The 2003 war in Iraq led to concerns about disruptions in oil supply, which would likely cause oil prices to rise. Higher oil prices can contribute to inflation, leading to an increase in interest rates as a response to control inflation.

As a Result of the 2003 War in Iraq, Some