Economics

Your Taxes: The Iran war’s commercial impact

The latest Iran war is having an economic impact on the world economy. If less fuel is available to the world through the Strait of Hormuz, it means less travel and fewer petroleum products.

 Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023.
 Iran's Supreme Leader Ayatollah Ali Khamenei and US President Donald Trump (illustrative)

Political, economic pressures mount as US-Israel war with Iran continues - opinion

"The markets in 2026 will be influenced by a combination of macroeconomic forces, changes in monetary policies, and the continuation of geopolitical events."

2026 market trends every MENA trader should watch

US President Donald Trump takes a question as he speaks during a press conference at Trump National Doral Miami in Miami, Florida, March 9, 2026.

Trump advisers pushing to find Iran off-ramp as oil prices, political backlash risk rise - report


What does Red Sea disruption mean for Europe's economy?

At the margins, the Houthi attacks and wider troubles in the Middle East represent one of the "geopolitical risks" that get referred to in the minutes of central bankers' monetary policy discussions.

 People enjoy the water as a container ship crosses the Gulf of Suez towards the Red Sea before entering the Suez Canal, in El Ain El Sokhna in Suez, east of Cairo, Egypt, September 5, 2015

Xi, Biden and a $10t. cost of war over Taiwan 

China’s rising economic and military heft, Taiwan’s burgeoning sense of national identity, and fractious relations between Beijing and Washington mean the conditions for a crisis are ripe.

 A PAIR of US-made Taiwanese Air Force F-5Fs take off during a demonstration in Taitung, southeast of Taiwan, in November.

Israeli minister: Palestinian Authority would carry out October 7, too

Speaking at The Jerusalem Post's Israel Summit, Economy Minister Nir Barkat explained the reasons behind his plan to halt the use of Palestinian workers in Israel.

 Economy Minister Nir Barkat

Israeli economy faces strain amid war as Melnick Index drops 1.4% in November 2023

This decline mirrors the severity observed during the first month of the COVID-19 shutdown.

 An illustrative image indicating financial trouble for the Israeli economy.

4,000 Foreign workers hired instead of Palestinians - no going back

Israeli authorities grant work permits to 4,000 foreign workers to renovate the Gaza region, replacing Palestinians amidst the war: "No going back."

 Palestinian workers in Israel

Economic, Finance Ministries settle dispute on budget, Barkat to support bill

The economy minister didn't attend the first reading of the bill in Knesset so that he wouldn't have to vote against it because he said the original version was massively damaging to Israel's economy.

 FINANCE MINISTER Bezalel Smotrich and Economy Minister Nir Barkat attend a meeting in September.

Energean PLC enters Morocco, giving hope amid Israel-Morocco tension

While the North African nation has been critical of Israel in recent months, this move could be seen as a way of continuing business relations via British proxy.

 Energean rig at Karish Field

Wealth gap is getting wider among millennials

A study of over 12,000 Americans that compared Baby Boomers and Millennials, raises concerns about Millennials’ diverging financial gains.

 Millennials sitting together.

NATO in Ukraine equals Russia's Iran nuke threat to Israel

 NATO Secretary-General Jens Stoltenberg visits in Kyiv

Israel has no budgetary limit for IDF, displaced residents' needs - Smotrich

A comprehensive analysis will be carried out to determine non-essential budgets that can be diverted to the cause.

MK BEZALEL SMOTRICH speaks during a Knesset plenary session on August 24.