Iran-US War Update: Global economic crisis deepens, will have a bad impact on the entire world including India

The ongoing conflict between Iran and America has now become a big problem for the global economy. Due to this war, there has been a huge impact on the supply of oil around the world, due to which there is a danger of inflation and economic slowdown. Experts believe that if this war continues like this, its impact will be clearly visible in the form of inflation on the pockets of common people.

Major interruption in oil supply

International Energy Agency (IEA) has warned that Strait of Hormuz The shutdown is the largest disruption in the history of the global oil market. Due to this, not only are the prices of oil increasing, but movement of goods is also becoming difficult. Andreas HauskrechtWho Indiana University Professor of Business Economics, he says that this war can increase unemployment and the pressure of inflation can also break the back of the common man.

Impact on India and Gulf countries

This stress is directly impacting the daily expenses of the common people. There is a danger of increase in prices of electricity bills, bus fares and food items. There is an atmosphere of tension in the Gulf region also due to military activities. Saudi Arabia And Yemen Houthi rebels have also joined the conflict, leading to reports of attacks on ships in the Red Sea. Bahrain And Kuwait has also carried out secret attacks inside Iran, after which tension has increased further.

Big decline in business

International trade has also been affected by this war. march to june 2026 in trade between Iran and China between 75% There has been a huge decline. Plus shipping costs $2,500–$3,500 more than $8,000–$9,000 has reached, which will have a direct impact on the prices of the goods that reach us.