Iran Joins Thailand, Malaysia, and Singapore in Slowing Southeast Asian Tourism, With Ongoing Middle East Conflict, Rising Oil Prices, and Investor Concerns Threatening Long-Term Growth – Travel & Tourism World

The Middle East Conflict in Iran

Home » GOOD NEWS » Iran Joins Thailand, Malaysia, and Singapore in Slowing Southeast Asian Tourism, With Ongoing Middle East Conflict, Rising Oil Prices, and Investor Concerns Threatening Long-Term Growth. Published on March 29, 2026 An image created by Ai Iran’s decline in its share of tourism during the Middle East conflicts of 2026 is … Read more

Rising gas prices and supply disruptions are increasing the cost to the economy

A worker directs traffic after trucks are loaded in Newark

The disruptions from the US and Israeli attacks on Iran quickly spread to commercial aviation, shipping lanes and the world’s energy supply. These effects have already created fuel costs, including for truckers, truckers and fishermen, and are set to spread widely in packaging, household goods, appliances, medicine and electronics. READ MORE: Divided by many things, … Read more

Rising oil prices can increase food costs – but hoarding groceries “makes it worse,” an economist says.

The 26-year-old works in a bookstore and lives on $53,000 a year in New York City.

Rising oil prices tend to drive up grocery costs, but that doesn’t mean consumers should rush out and save money, economists say. Brent crude has soared above $100 a barrel in recent weeks – after trading near $60 in January – as Iran’s war worsens the Strait of Hormuz, which transports a fifth of the … Read more

The odds of a recession are rising on Wall Street as the economy shows lower margins

Markets are facing oil shocks, rising yields and recessionary concerns

Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more