Iran conflict impacts economy unevenly

Six months into the Iran conflict initiated by the U.S. and Israel, the global economy has largely withstood initial fears of recession and widespread disruption. Stock markets have rebounded, with major indices posting significant gains, while oil prices remain elevated, impacting transportation costs. The war has accelerated investments in renewable energy and electric vehicles, but has also increased costs for farmers and heightened food insecurity in vulnerable regions. Additionally, some U.S. businesses linked to military supply chains have profited from the conflict.

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