Iran war drives global fuel shock and deepening humanitarian crisis

Photo — Hosny salah / Pexels

The conflict’s effects are spreading well beyond the battlefield as higher energy costs strain household budgets, government subsidies and public finances. The United Nations Development Programme says developing countries are particularly exposed because they have fewer resources to absorb the increase, while attacks involving Iran-backed Houthis and Saudi oil infrastructure add further risk to regional energy flows. The situation remains fluid, with military escalation, supply disruptions and possible spillover across the Middle East carrying significant global economic consequences.

Sources: Arab News, Al Jazeera, WFTV