Iran war shakes Global economy as energy costs surge and recession fears grow

From energy markets to everyday prices, the fallout from the Iran war is reshaping the global economy. SCOTT DETROW, HOST: In just over nine weeks, the Iran war has sent shock waves through the global economy with major signs of slowdown emerging across multiple parts of the world. Rising energy costs are fueling inflation, straining production and raising fears of a recession. We turn to our correspondents in Europe, Africa, Latin America and, first, Asia. DIAA HADID, BYLINE: I'm Diaa Hadid, an international correspondent based in South Asia, a region which imports much of its energy and fertilizer from the Gulf. So this war is hitting hard, some places and people worse than others. (SOUNDBITE OF TUK-TUK PASSING) HADID: Consider K.S. Pradeep (ph). K S PRADEEP: (Non-English language spoken). HADID: He repairs tuk-tuks on a street in Colombo. That's the capital of Sri Lanka, an island of 22 million. And after the war began, Sri Lanka began rationing fuel. It imports two-thirds of its supply. Prices also rose. And that pushed up the price of transport, cooking gas, medicines and food. PRADEEP: (Non-English language spoken). HADID: Pradeep tells us he's working on a holiday to catch stray customers because business here has halved since the war began. He's only repairing two tuk-tuks a day, and he's only taking home about $10 a day. He says drivers have to choose between fixing their vehicles or buying food. PRADEEP: (Non-English language spoken). …