The war with Iran continues to exert growing pressure on the global economy, particularly due to disruptions in energy supply and rising inflation expectations.
Major economies such as Germany, Italy, the UK, and Japan have been impacted, along with India, Turkey, and Gulf states, in addition to fragile economies like Egypt, Sri Lanka, and Pakistan.
However, Iraq has not been included among the most affected countries despite a significant drop in oil production and exports, leading to daily financial losses.
These developments are linked to the disruption of shipping through the Strait of Hormuz since February 2026.
