US Federal Reserve Survey Identifies Iran War as Top Risk to Financial Stability

A Federal Reserve survey has identified a potential war with Iran as the primary threat to global financial stability, according to responses from financial institutions and market participants. Three-quarters of survey respondents cited geopolitical risks as their main source of concern, making it the most frequently mentioned risk category. Additionally, 70 percent of respondents specifically pointed to the risk of an oil price shock triggered by warfare as a significant threat to economic stability. The survey also highlighted artificial intelligence as another notable risk factor facing the financial system.