Who profits from war with Iran? Understanding that will be key to resolving the conflict

By Jagannadha Pawan Tamvada, Professor of Entrepreneurship, Kingston University

When US and Israeli forces launched airstrikes on Iran, the shock waves were felt far beyond the region. As the conflict escalates, understanding who benefits from this crisis might be as important as counting its costs.

The timing could hardly be worse for the UK economy. Official forecasts for GDP growth in 2026 had already been downgraded to 1.1% before a single missile was fired. Predictions that inflation might dip now…

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