Iran War Archives

Iran War

Middle East Aviation Crisis causes flight cancellations, rising airfares and tourism losses across the region

Middle East Aviation Crisis Wipes Out Flights, Tourism and Jobs

Faraz Ali Ansari2026-06-14

The Iran was is responsible for delivering one of the biggest blows to the Middle Eastern travel industry in the aviation era. It has resulted in tens of thousands of flight cancellations, doubled the cost of aviation fuel, triggered refund requests and forced travel companies operating in the region to lay off staff down to ... Read more

Indian Economy Iran War Impact as rising oil prices, inflation risks and fiscal pressures threaten India's growth outlook

Indian Economy Faces Mounting Costs as Iran War Drags On

Faraz Ali Ansari2026-06-09

NEW DELHI: Just months ago, India’s central bank governor was celebrating what he called a “rare Goldilocks” phase falling inflation, solid growth, and a currency holding its ground. The Iran war that erupted on Feb. 28 ended all of that. With India being the third biggest oil importer in the world, around 90 percent of ... Read more

Global Airline Profit Forecast 2026 slashed as the Iran war drives jet fuel prices higher and forces airlines worldwide to raise fares and cut capacity.

Global Airlines Slash 2026 Profit Forecast as Iran War Sends Fuel Costs Soaring

Faraz Ali Ansari2026-06-08

Karachi: The global airline industry cut its 2026 profit forecast nearly in half on Sunday, as the Iran war drives jet fuel costs to record highs, grounds aircraft across one of the world’s busiest air corridors, and forces carriers everywhere including Pakistan International Airlines to absorb losses no hedge book can fully cover. The International ... Read more

World Bank emergency funding sought by developing countries after Iran war fallout

Iran War Fallout Forces 27 Countries to Seek Emergency Cash From World Bank

Focus Pakistan2026-05-24

WASHINGTON: 27 countries have sought emergency funds from the World Bank following the Iran war, which resulted in shock waves in energy supplies across the globe, as revealed in a confidential bank report obtained by Reuters. The unnamed countries have not been indicated in the bank paper, nor is there any specified fund amount. The ... Read more

Iran war profits surge as oil companies, Wall Street banks and defence firms cash in on global conflict

Iran War Turns Into Billion-Dollar Jackpot for Global Giants

Focus Pakistan2026-05-09

As households across the world absorb the financial punishment of the US-Israel war in Iran, a select group of corporations is quietly counting record profits. The conflict has choked the Strait of Hormuz, disrupted global supply chains, and sent energy prices spiraling but for oil giants, Wall Street banks, defence contractors, and renewable energy firms, ... Read more