HSBC chair says Middle East peace deal needed to restore global energy flows

Reuters04-14 08:55

<a href="https://laohu8.com/S/HSBC">HSBC</a> chair says Middle East peace deal needed to restore global energy flows

HONG KONG, April 14 (Reuters) - HSBC Holdings 0005.HK HSBA.L Chair Brendan Nelson said on Tuesday a Middle East peace deal was essential to ensure substantive restoration of global energy flows as inflation looms as a major risk to the world's economy.

Nelson, speaking at the HSBC Global Investment Summit in Hong Kong, added that as uncertainty persists energy prices would stay elevated.

(Reporting by Selena Li in Hong Kong; writing by Scott Murdoch; Editing by Christian Schmollinger)

((Scott.Murdoch@thomsonreuters.com;))

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