7 resultsfor “Russia's economy and the Iran conflict”
economy was growing thanks to the Middle East conflict and the country was profitting from the energy situation. As the conflict in the Middle East dominated the gathering of finance officials
Iran. Second, there is the risk that the war in the Middle East causes a global recession. Since China’s economy is heavily dependent on exports, which account for around one-fifth of GDP, this
Russia, which reported a budget deficit exceeding $60 billion in early 2026. The Russian economy had grown due to its war in Ukraine, which increased military spending and industrial production. But it later entered
Iran's neighbour, Iraq, will take an economic hit this year from the war, with a slowdown of 6.8%. But it is expected to recover to 11.3% growth in 2027. A country's economic resilience
Iran war pushes up costs Rachel Reeves has announced an expansion of support for the most energy-intensive UK businesses, as they face soaring bills as a result of the Middle East conflict. The chancellor
conflict](https://www.npr.org/series/1205445976/middle-east-crisis) ### [Trump says Iran talks could resume in days as U.S. military blocks Iranian ports](https://www.npr.org/2026/04/15/nx-s1-5786034/iran-middle-east-updates) The U.S. Middle East command, known as CENTCOM, [said](https://www.centcom.mil/MEDIA/PRESS-RELEASES/Press-Release-View/Article/4457255/us-to-blockade-ships-entering-or-exiting-iranian-ports/) on Sunday
conflict this continent has seen since World War Two, petrol prices are rising, and the global economy is under strain because of knock-on effects of the Iran war. Relations with the UK's former