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The companies getting rich off Trump’s war in Iran as recession fears grow

The Independent·James C. Reynolds·24 days ago
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The war in Iran has killed thousands of people across the Middle East , driven millions towards poverty and forced up energy prices around the world . Even as Donald Trump insists a deal to end the conflict is within reach , analysts warn the consequences could push the world towards a global recession if disruption to the flow of oil continues in the Strait of Hormuz. But as consumers bear the brunt of higher energy costs and rising inflation caused by the war, a handful of outliers are celebrating record profits from surging oil prices, renewed defence spending and frenzied trading patterns. The Independent reviews some of the main beneficiaries of the conflict in the Middle East.…

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