65 Days
Source:
البلاد
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The Economic Impact of the Fragile Ceasefire Following the Iran War (April 2023 – July 2023)
The cessation of the war on Iran significantly impacts the global economy and emerging markets, as the world faces challenges such as rising energy prices, increased financing costs, and declining confidence, leading to a slowdown in economic growth and negative effects on Gulf countries, especially in tourism and trade sectors. Additionally, Iran's economy weakens due to sanctions and infrastructure damage. Market stability and the normalization of shipping activities are awaited to restore confidence and overcome the war's repercussions.
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