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Iran war and the strain on global trade
Smoke rises following an explosion after Israel and the US launched strikes on Iran, amid the US-Israel conflict with Iran in Tehran, Iran on March 2, 2026.
The current war involving the United States, Israel, and Iran is more than a tragic chapter in an already unstable region.
It is a stress test on the global trading system that threatens to disrupt markets, inflate costs for businesses and consumers, and unsettle the fragile networks that enable goods and energy to flow around the world. In a world where economies are deeply interconnected, a conflict of this magnitude cannot remain contained within borders or within narrow policy circles.
