Six Months of Iran War: Economic Winners, Losers and Market Shifts

Six months after the Iran war began, the worst global economic fears have largely not come to pass. Oil prices spiked early in the conflict but have since retreated from their highs, while financial markets rebounded strongly, driven partly by optimism around artificial intelligence. However, airlines and the agricultural sector continue to bear elevated costs, with ripple effects on travelers and food supply chains. On the other side, clean energy companies and defense contractors have emerged as notable economic beneficiaries of the prolonged conflict.