War, Windfalls, and the Rewiring of Global Trade: Who Really Gains from the US–Israel–Iran Conflict

War, Windfalls, and the Rewiring of Global Trade: Who Really Gains from the US–Israel–Iran Conflict

Mar 26, 2026

The outbreak of the US–Israel–Iran conflict on 28 February has been framed, quite rightly, as a humanitarian and geopolitical crisis of immense proportions, yet beneath the surface of destruction and diplomatic tension, a quieter transformation is unfolding, one that is reshaping the architecture

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