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 127 — Senate deadline expires, constitutional crisis deepens, oil tests $72 support)

Brent Crude
~$72
Day 127 (testing support, holiday trading)
Gold
$4,187
per ounce (three-day rally, +$148)
TSX Composite
35,275
+308 on Carney pipeline (+0.88%)
US Gas Price
$3.85
per gallon avg (Day 127, stable)

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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.

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