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Six Traps for the World Economy After 80 Days of Conflict

Summary by Dagens Nyheter.
The war between the US and Iran has been going on for 80 days and the Strait of Hormuz remains closed. The crisis in the Middle East is setting several traps that the world economy risks getting caught in. – Geopolitical uncertainty is still extremely high, says Chief Economist Alexandra Stråberg.

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The war between the US and Iran has been going on for 80 days and the Strait of Hormuz remains closed. The crisis in the Middle East is setting several traps that the world economy risks getting caught in. – Geopolitical uncertainty is still extremely high, says Chief Economist Alexandra Stråberg.

·Stockholm, Sweden
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The cost of the war with Iran has topped $85 billion after about 80 days of conflict, according to estimates published by the Iran War Cost Tracker. The figure reflects the costs associated with military operations and is calculated based on data previously presented in Pentagon briefings and daily cost updates. According to the tracker, costs rose rapidly in the early days of the conflict, and then continued to rise as military operations, muni…

The closure of the Strait of Ormuz following the US and Israeli attacks on Iran in February 2026 has devastated supply chains around the world: fertilizer, aluminium, and aviation fuels are precious, and Japanese calbee chips have become an illustration, with producers moving to a black and white packaging because of a lack of naphtha.

·Moscow, Russian Federation (the)
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RTVI broke the news in Moscow, Russian Federation (the) on Tuesday, May 19, 2026.
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