Will This Airstrike on Iran Trigger a Global Recession?

From choking vital oil routes such as the Strait of Hormuz to managing nuclear fallout and a global recession , the economic risks of the crisis could be unprecedented. US strikes on Iran ’s nuclear sites spark fears of oil at $130/barrel, inflation surge, and global economic fallout if Tehran retaliates strongly. US airstrikes on Iran raise fears of an oil supply shock and global inflation spike. Here’s what Trump’s latest move means for energy markets, interest rates, and global growth. Discover how the U.S. Airstrike on Iran’s nuclear sites triggered a global oil shock and economic uncertainty. Full market and policy analysis, updated June 21, 2025. As Israel and Iran exchange direct strikes, Tehran threatens to shut down the Strait of Hormuz, sending oil prices surging and global markets into chaos. Energy analysts warn the crisis could trigger recession -level shocks. US strikes on Iran could trigger global economic consequences beyond just energy markets, says IMF Managing Director Kristalina Georgieva in an interview with Bloomberg. The Israel- Iran conflict raises concerns over a potential closure of the Strait of Hormuz. Goldman Sachs and other banks warn of recession risks if global oil supply is disrupted. Could a prolonged war between Israel and Iran trigger a global economic crisis, drive up inflation, or even tip economies into recession ? And how insulated is Mauritius from these potential shocks? US airstrikes on Iran are a geopolitical shockwave to markets and may prompt a period of short-term turbulence, with energy prices and inflation expectations at the forefront. Announcing the attacks on 21 June, US President Donald Trump described the operation as a “spectacular military success.”.