European Union — European Central Bank & Bahrain

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to accelerating inflation, reflecting the global impact of high oil prices and economic pressures.

Bahrain: Bahrain was targeted by drone and missile attacks from Iran, escalating tensions in the Middle East and impacting global economic outlook.

European Union — European Central Bank: The European Union — European Central Bank provided estimates for future oil prices, which have risen due to the war's impact on replenishment costs.

Bahrain: Bahrain is among the Gulf producers resuming production and exports, facing the task of repairing energy infrastructure damaged by Iranian attacks.

European Union — European Central Bank: The European Union — European Central Bank raised interest rates due to war-driven inflation, highlighting the broader economic impact of the conflict.

Bahrain: Bahrain is listed as one of the regional allies that approved the 'final points' of the US-Iran deal. It also reported an 11-year-old girl was hurt and property damaged by debris from intercepted Iranian strikes, highlighting its vulnerability in the conflict.