The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation, and strain diplomatic relations, forcing countries like India into comple

Flare-ups in the Middle East have a predictable impact on the price of oil - causing it to spike as investors grow fearful about supply constraints.

Israel's "preemptive" strikes against Iran targeting the country's nuclear program and killing top military officials could have far-reaching implications for Ukraine and could boost Russia's ability to continue its full-scale invasion,

The U.S. economy’s reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist David Seif.

How could the Israel-Iran attacks impact the global economy?

Iran has launched a new wave of missile attacks on Israel, triggering air raid sirens across the country as emergency services reported at least three killed and dozens more wounded in the fourth day

While there has been no impact so far on Iran’s oil exports, the escalation of the conflict to energy infrastructure is likely to worry investors. The concern is that Iran may retaliate either by striking energy targets in other Gulf countries,

The stated intention of the attacks was to stop Iran from building a bomb. Some experts worry it may have the opposite effect.