Updated 2026-03-20 09:02 UTC
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Russia, China and the US – the global winners and losers of the Iran war

An ongoing military conflict involving Iran has disrupted global energy markets and trade routes, particularly affecting the Strait of Hormuz shipping lane. The conflict has triggered economic consequences worldwide, with some nations facing significant challenges while others may benefit strategically. International responses vary, with major powers positioning themselves differently as the situation develops.

The conflict threatens a critical global chokepoint for oil shipments, potentially affecting energy prices and supply chains worldwide. Major economies are reassessing their strategic positions as the situation could reshape international alliances and economic relationships for years to come.
Economic analysts say

The conflict represents a fundamental shift in global economic dynamics that will create clear winners and losers among major powers. Rising energy prices and supply chain disruptions are already forcing countries to recalculate their strategic partnerships and energy dependencies.

Military observers say

The immediate focus should be on reopening critical shipping lanes and preventing further escalation rather than speculating about geopolitical advantages. The humanitarian and economic costs of prolonged conflict outweigh any potential strategic benefits for individual nations.