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Will the Iran war push millions back into poverty?

play Live Sign upShow navigation menuplay Live Click here to searchsearchSign upplay videoplay videoVideo Duration 02 minutes 08 seconds play-arrow02:08Counting the CostWill the Iran war push millions back into poverty?US-Israel war on Iran drives up fuel and food costs, putting 32.5 million people at risk of poverty worldwide.

Fuel costs more. Food is harder to get or afford. Jobs are disappearing. Remittances are drying up.

These are the consequences of the United States-Israel war on Iran – felt not only in the Middle East but also in the fields and homes of Africa and Asia.

Countries in the Global South are particularly vulnerable to the economic fallout because of their dependence on imports from the Gulf.

The United Nations warned that the conflict could push as many as 32.5 million people globally back into poverty.

The war is weakening economies that were already fragile. Governments are scrambling, and international aid is becoming scarce.

Read original at Al Jazeera English

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