US-Israel war on Iran drives up fuel and food costs, putting 32.5 million people at risk of poverty worldwide.
Fuel costs more. Food is harder to get or afford. Jobs are disappearing. Remittances are drying up.
These are the consequences of the United States-Israel war on Iran – felt not only in the Middle East but also in the fields and homes of Africa and Asia.
Countries in the Global South are particularly vulnerable to the economic fallout because of their dependence on imports from the Gulf.
The United Nations warned that the conflict could push as many as 32.5 million people globally back into poverty.
The war is weakening economies that were already fragile. Governments are scrambling, and international aid is becoming scarce.
Published On 27 Apr 2026
