Published: Mar 09, 2026, 05:00 IST | Updated: Mar 09, 2026, 05:00 IST
The escalating war involving Iran, Israel, and the United States is sending shockwaves through the global economy. Israeli officials warn the conflict could cost the country about $3 billion every week, as businesses shut down, schools close, and thousands of reservists are mobilized.
Emergency wartime restrictions have forced much of Israel’s economy to slow or stop, with only essential services operating while many employees work from home. Analysts say the longer the conflict continues, the greater the damage to Israel’s growth and government finances.