ECONOMICS

War Economics — Markets, Money, and Analysis

The 2026 Iran War has triggered the worst energy crisis since the 1970s, reshaping global markets, commodity prices, and investment strategies. Our economics section tracks the financial fallout in real time.

Last updated: at 04:00 UTC (Day 29)

Brent Crude
$112.57
per barrel (Day 28 close)
Gold
~$5,600
per ounce
TSX Composite
~31,600
Energy-driven swings
US Gas Price
~$4.00
per gallon avg

Explore Our Economics Coverage

Why Economics Matters in Wartime

Wars are won and lost on economics as much as battlefields. The 2026 Iran War has disrupted the Strait of Hormuz (20% of global oil), triggered the worst energy crisis since the 1970s according to the IEA, and sent shockwaves through every major market. Understanding the economic dimension isn't optional — it's essential context for understanding the conflict itself.