U.S.-Israeli war with Iran could plunge 32 million into poverty and trigger global economic shockwaves
A UN report warns a full-scale US-Israel-Iran war could push 32 million people into poverty globally, with the heaviest burden on poor, import-dependent nations far from the conflict.
The economic shockwaves would stem from severe disruptions in energy, food and trade, forcing vulnerable governments to make difficult fiscal trade-offs.
The strategic Strait of Hormuz is central to the crisis, as Iran could block this vital oil transit route, spiking prices and threatening global energy and agricultural stability.
The conflict has already caused thousands of deaths and displaced millions, with the UNDP cautioning that prolonged hostilities risk an unwinnable regional war.
The report concludes the world cannot afford another war based on deception, as the global repercussions would be catastrophic.
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