Two months into the Iran war, almost everybody is a loser

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The Iran war impact is increasingly being felt across global politics, economies, and energy markets, as the conflict drags on without a clear endgame. While US President Donald Trump initially framed the war as a swift victory, the situation has evolved into a prolonged and uncertain geopolitical crisis.

Just days into the conflict, Trump declared that the United States had “already won the war in many ways.” However, two months later, fighting has only been suspended, with no definitive peace settlement in place.

Experts say the impact of the Iran war is now extending far beyond the battlefield, reshaping alliances and exposing vulnerabilities across multiple regions.

Civilians bear the heaviest burden

The Iranian population has been among the hardest hit. According to rights groups, thousands have been killed in strikes attributed to US and Israeli operations, while internal repression has intensified alongside economic deterioration.

Analysts say the Iran war impact on civilians is compounded by political crackdowns, internet restrictions, and rising poverty levels.

Regional instability spreads across Middle East

The Lebanon conflict has escalated in parallel, with Hezbollah and Israel exchanging strikes and widespread displacement reported. Meanwhile, Gulf countries such as the UAE have faced missile and drone attacks, undermining their economic stability and security reputation.

The closure of key maritime routes, including the Strait of Hormuz, has further amplified the Iran war impact on global energy flows.

Global economic pressure intensifies

The conflict has triggered inflationary pressures worldwide, pushing up fuel and transport costs. The International Monetary Fund has revised global growth forecasts downward, warning that poorer countries are being disproportionately affected.

Economists note that the Iran war impact is particularly severe in energy-dependent regions across Asia, Africa, and Latin America.

Strategic shifts among global powers

While the United States faces political and economic pressure at home, China is seen as relatively insulated due to diversified energy reserves and expanding renewable capacity. Russia has benefited from higher energy revenues, while renewable energy sectors and defence industries have experienced mixed outcomes.

Despite some relative advantages for certain states, analysts stress that the Iran war impact has produced few genuine winners. Instead, the conflict continues to reshape global power dynamics while deepening economic uncertainty.


Also read: Iran says confrontation with US has “not yet begun”
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