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US/Israel-Iran War: GCC Impact and Diverging Economic Exposure

Euromonitor International

Apr 15, 2026

The US/Israel-Iran war has driven up oil prices and disrupted trade, impacting global economic growth and increasing inflation. Energy-importing manufacturing powerhouses, including Japan, South Korea and Germany, face pressure as commodity prices rise and global demand softens. By contrast, energy ...

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Kuwait General Defense

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US/Israel-Iran War: GCC Impact and Diverging Economic Exposure

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