Published: Apr 29, 2026, 17:53 IST | Updated: Apr 29, 2026, 17:53 IST
The Iran war is no longer just a regional conflict — its impact is now spreading across transportation, energy, industries and global financial markets. The closure of the Strait of Hormuz has disrupted one of the world’s most critical trade routes, sending oil and fuel prices soaring while forcing airlines and shipping companies to reroute operations. Industries dependent on energy and raw materials are facing rising costs, while stock markets remain volatile amid fears of inflation, recession and long-term supply chain disruption.