Even while the conflict remains contained to Israel and Iran, the temporary removal of Iran’s own 1.1 million barrels per day (bpd) from the global market could cause oil to breach $90 per barrel, as it is OPEC’s third-largest producer, according to Citibank analysts. As the U.S. Weighs intervention in Israel ’s conflict with Iran , Wall Street has been skittish, eyeing the potential fallout for oil prices and inflation. To get a better sense of what’s. Israeli economist Yaakov Sheinin has warned that a prolonged conflict with Iran could wipe out 20 per cent of Israel ’s GDP and push the country into a full-blown financial crisis. The total economic losses to Israel following the 12-day war with Iran are estimated at around $6 billion, with infrastructure hit particularly hard. The war is likely to cost Israel about 1 per cent of its gross domestic product, or about 20 billion shekels ($5.9 billion), Israel Central Bank. Over the past week, the escalating conflict between Iran and Israel —marked by airstrikes, missile launches, and strategic threats—has transcended regional borders to impact the global economy . From oil market shocks to financial volatility, the world is witnessing a cascade of economic consequences. 2 days ago · Iran 's targeted strikes have sent the Israeli economy into a tailspin, with the US exploiting the fallout to reassert dominance through diplomacy and economic leverage. The 12 - day Iran - Israel war was a costly conflict for both sides, though Iran suffered disproportionately in human and economic terms. With 627 deaths and up to $200 billion in losses, Iran faces a long road to recovery, particularly for its nuclear and military capabilities. The Israel - Iran conflict has sparked global economic instability, driving oil prices up and threatening major trade routes. Inflation risks and market volatility are rising, with central banks facing tough policy decisions. A prolonged war could cause global stagflation. Tensions between Israel and. This Update outlines potential outcomes of the Iran - Israel conflict and teases out the implications for the region, the global economy and commodity and financial markets.
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