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Will the Iran war push millions back into poverty? | Counting the Cost
May 3, 2026
Posted 1 hour ago by
Fuel costs more. Food is harder to get or afford. Jobs are disappearing. Remittances are drying up. These are the consequences of the United States-Israel war on Iran - felt not only in the Middle East but also in the fields and homes of Africa and Asia. Countries in the Global South are particularly vulnerable to the economic fallout because of their dependence on imports from the Gulf.
The United Nations warned that the conflict could push as many as 32.5 million people globally back into poverty. The war is weakening economies that were already fragile. Governments are scrambling, and international aid is becoming scarce. #globaleconomy #economy #poverty #iranwar #Israel #unitedstates #gulf #middleeast #energycrisis #globalenergy #aljazeeraenglish #aljazeera
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