
"The United Nations warned that the conflict could push as many as 32.5 million people globally back into poverty, highlighting the widespread impact of the war."
"Fuel costs are rising, and food is becoming harder to get or afford, leading to significant economic strain on vulnerable populations."
"Countries in the Global South are particularly vulnerable to the economic fallout because of their dependence on imports from the Gulf."
"The war is weakening economies that were already fragile, causing governments to scramble for solutions as international aid becomes scarce."
The US-Israel war on Iran is causing significant economic repercussions worldwide, particularly affecting 32.5 million people who are at risk of poverty. Fuel prices are increasing, and food is becoming harder to obtain or afford. Job losses and reduced remittances are compounding the crisis. Countries in the Global South, reliant on Gulf imports, are especially vulnerable. The United Nations has warned that the conflict could exacerbate existing economic fragility, leading to increased government struggles and diminishing international aid.
Read at www.aljazeera.com
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