What is the cost of the war between Israel and Iran? | Israel-Iran conflict News

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Persevering with strikes from each international locations are draining their economies.

Israel and Iran are within the second week of the battle.

In addition to inflicting harm, each international locations are placing their economies below pressure.

Israel has spent billions of {dollars} on its struggle on Gaza and has upped its spending significantly with its largely air-based assaults on Iran.

Iran was already battling the years of sanctions and now its oil and gasoline amenities are being hit.

So can the 2 nations maintain the battle? Which is prone to be worst affected?

And can the battle ultimately harm the worldwide economic system?

Presenter: Neave Barker

Company:

Aly-Khan Satchu – Geoeconomic analyst and investor

Eyal Winter – Professor of economics on the Hebrew College and Lancaster College

Nader Habibi – Professor of follow within the economics of the Center East at Brandeis College

 

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