Two months after the US-Israeli war with Iran began on February 28, the humanitarian and financial costs are already high. The death toll in Iran alone is estimated at between 3,000 and 6,000, according to the Pentagon’s first official estimate, while the US military operation has cost about $25 billion so far. However, the economic cost has extended far beyond the battlefield, through oil prices, stock markets, bond yields and currencies. Here’s a look at the impact of the war on global financial markets and the economy so far.
