Conflict on the Korean Peninsula could potentially lead to a third world war, said Citi’s chief global political analyst
Both oil prices and growth would be hit if the worst case scenario played out in the region, she added
By Cheang Ming
The outbreak of military conflict on the Korean Peninsula would be destabilizing and could possibly result in a global war, according to Citi’s top global political analyst.
While it was impossible to put a number on the scale of the North Korea risk, war games carried out through history have simulated what could happen as a result, said Tina Fordham, managing director and chief global analyst at Citi.