Prolonged

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say expertsIn the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excursion” in the Middle East would be short-lived.“There are risks from higher oil prices longer term. But this is a tail risk,” one US-based fund manger said after the airstrike killing Iran’s supreme leader, Ayatollah Ali Khamenei. “History has shown time and time again that geopolitical flare-ups like this tend to be short-lived. This one should prove to be no exception.’’ Continue reading...

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report saysBusiness live – latest updatesAn extended period of high oil prices as a result of war in the Middle East could “crimp” the AI boom, the World Trade Organization’s chief economist has warned.The war and its impact on energy and fertiliser costs is the main risk to the global economy identified in the WTO’s latest Global Trade Outlook. Continue reading...

Israeli defence minister says IDF instructed to destroy ‘terror infrastructure’ in southern villagesIsrael’s announcement on Monday of a ground campaign in new areas of southern Lebanon is fuelling fears of a prolonged occupation among hundreds of thousands of displaced Lebanese.Concerns intensified after Israel’s defence minister, Israel Katz, drawing comparisons with Gaza, warned displaced Lebanese forced from their homes would not be allowed to return until the safety of Israelis near the border was guaranteed, remarks that appeared to suggest the presence of Israeli troops could become prolonged. Continue reading...

Polls show declining American tolerance for the US-Iran war as it enters its third week on March 14, 2026, with thousands in Tehran celebrating Al-Quds Day amid ongoing hostilities. US public opinion has shifted due to the conflict's duration and economic fallout from high oil prices. Military leaders indicate no quick end, with continued US and Israeli airstrikes across Iran. This erosion of support could pressure policymakers amid deployments of additional forces to the region.