Investors Prosper and Consumers Pay as the Iran War Exacts an Uneven Economic Toll 6 Months In
Stock indexes have rebounded, but oil, airfare and fertilizer costs remain elevated as the war disrupts trade and raises food insecurity risks, officials said.
- Following the Feb 28 United States and Israel attack on Iran, stock markets faced initial retreats but have since surged, with the Nasdaq rising 27% and the Dow gaining nearly 19%.
- Amid slowed tanker movement through the Strait of Hormuz, oil prices surged, pushing Brent crude to nearly $120 a barrel; prices remain about 20% higher than prewar levels.
- Military contractors are profiting, as Powerus won a $90 million Air Force contract and Anduril secured $2 billion in sales; Democrats claim President Trump's oil holdings soared by $15.5 million.
- Fertilizer prices soared 44% above prewar levels by April, prompting farmers to reduce usage, while The United Nations World Food Programme director Carl Skau warned that export issues threaten global food security.
- Responding to the crisis, 26 countries and regions, including Colombia and Singapore, have accelerated clean energy measures, pushing EVs to account for 29% of the global market in 2026.
17 Articles
17 Articles
Investors Prosper and Consumers Pay as the Iran War Exacts an Uneven Economic Toll Six Months Into the Conflict
NEW YORK (AP) — As the U.S. and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict’s toll were unsparing: surging oil prices, worldwide recession and economic catastrophe. But six months into the conflict, the direst predictions haven’t come true even if no corner of the world's economy has been untouched. “So far, the global economy has pulled off the financial equivalent of a ‘Mission Impo…
Investors prosper and consumers pay as the Iran war exacts an uneven economic toll 6 months in - Regional Media News
NEW YORK (AP) - As the U.S. and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict's toll were unsparing: surging oil prices, worldwide recession and economic catastrophe. But six months into the conflict, the direst predictions [...]
Investors prosper and consumers pay as the Iran war exacts an uneven e
NEW YORK (AP) — As the U.S. and Israel relentlessly bombed Iran in the opening days of war , the most dramatic predictions of the conflict’s toll were unsparing : surging oil prices, worldwide recession and economic
Winnipeg Free Press
Investors prosper and consumers pay as the Iran war exacts an uneven economic toll 6 months in
NEW YORK (AP) — As the U.S. and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict’s toll were unsparing: surging oil prices, worldwide recession and economic catastrophe.
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