Sustained Middle East conflict could push global insolvencies up by 10% this year

A prolonged Middle East conflict could lead to a 10% increase in global insolvencies in 2026 and a 3% increase in 2027, according to Allianz Trade. This would result in approximately 4,100 additional insolvencies in the US and 10,500 in Western Europe. The situation is driving up costs across global value chains and exacerbating pressures on energy-intensive sectors.