The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation, and strain diplomatic relations, forcing countries like India into comple

The IRGC said Iranian jets launched an "effective operation" Tuesday morning despite Israel's "sophisticated air defenses."

The aggravation of the situation in the Middle East due to the conflict between Israel and Iran will have an impact on Georgia's economy in the short term, primarily on tourism, analysts at TBC Capital believe.

The U.S. economy’s reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist David Seif.