- US-Iran conflict: Middle East war sends US fuel prices soaring, surcharges kick in Times Of India —
- Jet fuel costs skyrocket amid Iran war, exacerbating crisis for airlines, travelers The Hill —
- Italy Sets Jet Fuel Limits at Some Airports on Supply Shortage Bloomberg —
- European ministers call for profit caps on energy companies as war drives price surge ABC News —
- National Maritime Day: India's oil lifeline churns through conflict waters Times Of India —
- Hormuz supply crunch: Rising energy prices impact roads, airlines and restaurants Times Of India —
- Iran war driving up funeral costs in the UK The Guardian —
- Higher energy costs from Iran war could threaten fragile economics of AI boom | Heather Stewart The Guardian —
- The U.S. Plastics Industry Was in the Doldrums. Then the Iran War Began. Wall Street Journal —
- Former World Bank chief says Iran economy collapsing into ‘barter system’ amid conflict The Hill —
- Sri Lanka struggles to avert economic collapse over Mideast war France 24 —
- Sri Lanka struggles to avert economic collapse over Mideast war • FRANCE 24 English France 24 —
War's global economic toll
As the U.S.-Israeli war on Iran intensifies, the economic repercussions are being felt across the globe.
International jet fuel shortages are triggering mass flight cancellations, while rising gasoline prices in the U.S. and U.K. are fueling inflation and increasing the cost of living.
In India and Sri Lanka, governments are struggling to maintain fuel supplies as production costs for essential goods like televisions and food skyrocket.
The International Energy Agency has warned nations against hoarding fuel, as the blockade of vital shipping routes threatens to derail the fragile economics of the global AI boom.