A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.
Category: US and Israeli Attack on Iran (2026)
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Global Economy Is Facing the Prospect of Another Profound Shock
The New York Times – Business: -
Travelers Stuck in Dubai Face ‘Chaos and Confusion’ Amid Flight Cancellations
The New York Times – Business:The Emirates’ reputation as a safe destination in a volatile area was put to a brutal test in recent days as Iran, retaliating against U.S.-Israeli attacks, targeted the region with missiles and drones.
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Beyond a Trade War, China, Japan and Others in Asia Face a New Energy Threat
The New York Times – Business:China and its neighbors scrambled to soften the blow of a disorderly trade war. Conflict in the Middle East now threatens to disrupt the oil imports that power their economies.
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Stock Market Investors Brace for Iran War Fallout
The New York Times – Business:Wall Street has largely shrugged off geopolitical upheaval in recent years. But the United States’ war against Iran comes at a more precarious time for the stock market.
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Oil Shipments in Persian Gulf Already Disrupted by Iran Attack
The New York Times – Business:Tankers have begun to steer clear of the region and the Strait of Hormuz, threatening to push up energy prices.