Iran war redraws Middle East map as Gulf economies, Lebanon, UAE and Israel count the cost
🔴 Tension RisingMoneycontrol.com2026-05-13
The war has redrawn the Middle East map, with significant costs for Gulf economies, Lebanon, the UAE, and Israel. Israel continues its offensive in Lebanon and has inflicted heavy losses on Hezbollah, while Iran maintains its Strait of Hormuz blockade. The conflict is impacting the global economy and straining international relations.