---
title: "A record El Niño is poised to be this year's next big supply shock for the global economy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293318608.md"
description: "Deutsche Bank warns that volatile weather from this year's El Nino could combine with Iran-war oil shocks to send consumer prices surging."
datetime: "2026-07-21T09:31:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293318608.md)
  - [en](https://longbridge.com/en/news/293318608.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293318608.md)
generator: "portal-rs"
---

# A record El Niño is poised to be this year's next big supply shock for the global economy

Deutsche Bank warns that volatile weather from this year's El Nino could combine with Iran-war oil shocks to send consumer prices surging.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**