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Ultra-Orthodox Jewish men inspect the damage at the site of an Iranian missile strike in Bnei Brak, east of Tel Aviv, on June 16, 2025. OHN WESSELS / AFP

How the Israel-Iran flare-up is impacting the global economy

From spiking crude to dwindling confidence, the sudden and unprecedented escalation between these two regional powers has sent markets into a tailspin

Abdel-Rahman Ayas 16 June 2025
People sit at an outside restaurant area, as the coronavirus disease (COVID-19) restrictions ease, at Covent Garden in London, Britain April 12, 2021. REUTERS/Henry Nicholls

UK Services Sector Downbeat in Face of Record Costs - CBI

Britain's services businesses reported a record increase in costs over the past three months and are downbeat about the future, as inflationary headwinds look set to squeeze demand further, the…

30 August 2022
  • Popular
  • Editor's Pick
Grace Russell
Politics

Gulf states should steer clear of attritional war traps

01 April 2026

The US-Israeli war against Iran aims to draw in Gulf states, but history has shown that entering wars is far easier than exiting them. Prudence is needed now more than ever.

Khairuldeen Al Makhzoomi
Palestinian Foreign Minister Varsen Aghabekian Shahin speaks at a press conference in Ljubljana, Slovenia, on 25 August, 2025. Luka Dakskobler / Getty
Politics

'Israel is exploiting Iran war to kill a Palestinian state'

01 April 2026

PA Foreign Minister Varsen Aghabekian Shahin tells Al Majalla that Israel is taking advantage of the fact that the world is distracted by the US-Iran war to create irreversible facts on the ground

Ahmed Maher
Ewan White
Politics

Iraq's internal battle for influence comes to a head

31 March 2026

New fronts have opened up across the region in light of the US-Israeli war on Iran, as non-state actors with links to Tehran fear for their futures

Rustum Mahmud
People gather during a celebration called by Hayat Tahrir al-Sham (HTS) at the Umayyad Square, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, 20 December, 2024. Reuters / Ammar
Business & Economy

US-Iran war gives Syria's global economic pitch more urgency

01 April 2026

Given the effective closure of the Hormuz Strait and Houthi threats to close off the Red Sea, Syria may emerge as a corridor and conduit to bypass these embattled maritime chokepoints

Charles Lister
Farid al-Madhan Reuters/ Al Majalla
Politics

Farid al-Madhan: Assad's fingerprints were on every picture

31 March 2026

A former army forensics employee who later became known as Caesar tells Al Majalla how he risked his life to expose the torture and killing of countless Syrians in regime prisons

Ibrahim Hamidi

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OPINIONS

The US-Iran war is tanking Trump’s popularity at home

Brian Katulis
Brian Katulis

Drones vs interceptors: cost disparity sparks defence rethink

Al Majalla - London
Al Majalla - London

Will the 'Syria First' promise hold up under pressure?

Alia Mansour
Alia Mansour

New study finds deep sleep better than long sleep

Mohammed Mansour
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