What Happened
Global Economy Weathers Conflict With Mixed Results
Six months into the conflict between the U.S., Israel, and Iran, the global economy has weathered the storm with mixed results. While the direst economic predictions have not come true, the war has had a significant impact on oil prices, fuel costs, and the airline industry. Investors who resisted the urge to sell have prospered, with major U.S. stock indexes rebounding to double-digit gains. The war has also strengthened the case for electric vehicles and renewable energy, with sales of EVs hitting records in some parts of the world. This report was first published by the Associated Press.