<
https://www.theguardian.com/world/2026/mar/20/iran-war-shocks-across-globe-effects-key-takeaways>
"From the Philippines cutting down to a four-day week to save electricity, to
restaurants in India taking gas-intensive dishes off the menu, and rents being
frozen in Spain, the economic fallout of the US-Israeli war on Iran has
reverberated around the world.
Facing an existential threat, Tehran has retaliated by closing the vital Hormuz
shipping lane and bombing its oil and gas-rich neighbours, compounding a
deepening crisis abroad for businesses and families.
The International Energy Agency has described the situation as the largest
supply disruption in the history of the global oil market.
While Europe and the Americas are bracing for impacts, billions of people
elsewhere, especially in Asia, are already feeling serious repercussions.
Here is a look at how the conflict has sent out economic shocks rippling across
the globe"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
