Moscow, March 29 (Petra) -- Russian Deputy Prime Minister Alexander Novak said on Sunday that the global economy and energy markets have been hit by a major shock that will take many months to return to their pre-conflict state in the Middle East.

Speaking at a press conference, Novak said, "The world has been hit by a shock, and overcoming its consequences will continue for at least several months even after the end of the conflict. This war has caused severely damaging repercussions on the global economy and regional geopolitics, and these impacts are unlikely to be short-term but will have a long-term effect." //Petra// AF