Published Aug 25, 2026, 10:00 AM ET · Updated 3 months ago · 1 source

US-Iran conflict's economic burden falls on emerging markets and poor consumers

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Original Report

The economic consequences of the U.S.-Iran conflict are primarily borne by emerging markets in Asia and impoverished populations worldwide, with diesel prices, in particular, creating significant financial strain for consumers globally, including some in the United States, due to a global shortage in that market.