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Economy News

The Economic Times

Economy / The Economic Times

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Worries about global economic pain deepen as the war in Iran drags on

Global markets are reeling from U.S. and Israeli attacks on Iran. Energy infrastructure damage is causing long-term economic pain. Oil and gas prices have surged, impacting developing nations severely. Fertilizer shortages threaten food supplies. Even the U.S. economy faces challenges. Recovery from this crisis will be slow and prolonged.

29 Mar 2026 10:05 am