Global Economy

Wars, trade and the global events that move markets and economies.

Global Economy

How the Iran War Is Impacting the Global Economy

The Iran war is sending shockwaves through the global economy — driving crude oil prices sharply higher, threatening the Strait of Hormuz, and rattling financial markets worldwide. This article explains exactly how the US-Iran conflict affects energy costs, inflation, trade routes, and what it means for your wallet in 2026.

8 min Oct 16, 2026