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The Independent UK
The Independent UK
National
Matt Sedensky

Investors prosper and consumers pay as the Iran war exacts an uneven economic toll 6 months in

Financial Markets Wall Street - (Copyright 2026 The Associated Press. All rights reserved.)

As the U.S. and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict’s toll were unsparing: surging oil prices, worldwide recession and economic catastrophe.

But six months into the conflict, the direst predictions haven’t come true even if no corner of the world's economy has been untouched.

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