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    Home » One month of war on Iran cost Arab countries up to $194bn: UNDP | US-Israel war on Iran News
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    One month of war on Iran cost Arab countries up to $194bn: UNDP | US-Israel war on Iran News

    FreshUsNewsBy FreshUsNewsMarch 31, 2026No Comments2 Mins Read
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    Even when battle is ‘brief however intense’, nations like Sudan, Yemen and Lebanon will see vital will increase in poverty charges.

    Printed On 31 Mar 202631 Mar 2026

    The US-Israel struggle on Iran and its ripple impact all through the Center East have had a devastating influence on Arab nations, with thousands and thousands anticipated to slip into poverty, in keeping with the United Nations.

    A UN Growth Programme (UNDP) report printed on Tuesday stated that gross home product (GDP) within the area was estimated to say no by roughly 3.7 to six % after a month of struggle, equal to a contraction of $120bn to $194bn.

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    Abdallah Al Dardari, UN assistant secretary-general and director of the UNDP Regional Bureau for Arab States, stated that 3.7 million jobs shall be misplaced and about 4 million extra folks within the area may fall beneath the poverty line, noting that the struggle had highlighted the “fragility within the Arab financial system”.

    The report was primarily based on projections of “a brief however intense battle lasting for 4 weeks”, signalling that the influence of the struggle, which has seen Iran attacking Gulf vitality infrastructure and squeezing oil and fuel exports by way of the Strait of Hormuz, will seemingly be even larger if it drags on longer.

    Issued as tight oil provides pushed Brent crude futures up 4.7 % to greater than $118 per barrel, the report stated, “dangers in strategic maritime corridors” had “knock‐on results on inflation, commerce flows, and international provide chains” that would undermine livelihoods within the Center East’s “interconnected economies”.

    It added that will increase in poverty charges have been “concentrated within the Levant and fragile nations (Sudan and Yemen), the place baseline vulnerability is highest and shocks translate extra strongly into welfare losses”.

    The report famous that Lebanon, dragged into the struggle after Hezbollah struck Israel in retaliation for the US-Israeli killing of Iran’s Supreme Chief Ayatollah Ali Khamenei on February 28, is very impacted, with “ongoing air strikes and evacuation orders … already inflicting widespread destruction of residential areas, transport infrastructure, and public providers, alongside giant‐scale displacement”.

    “We hope the preventing will cease tomorrow, as day-after-day of delay has detrimental repercussions on the worldwide financial system,” stated Al Dardari.



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