When the war in Iraq began in 2003, some MNCs feared that oil prices would ____ and that U.S. inflation and interest rates would ____.

Name: When the war in Iraq began in 2003, some MNCs feared that oil prices would ____ and that U.S. inflation and interest rates would ____.
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The war in Iraq raised concerns about disruptions in oil supply, leading to fears that oil prices would rise. Higher oil prices can contribute to inflation, prompting central banks to increase interest rates to control inflation.

When the War in Iraq Began in 2003, Some MNCs