Global Markets Lose Trillions Amid One Month of US-Israel-Iran Conflict
Tensions escalated after Feb. 28, when a joint US-Israel offensive prompted Iran to target energy facilities across the Gulf region.
The conflict has created uncertainty in global markets, fueling inflation concerns and causing sharp swings in commodity prices.
Oil prices surged by roughly 45%, while gold saw a decline of around 15%.
The Bloomberg World Exchange Market Capitalization index, which tracks dozens of stock markets worldwide, dropped from $157.5 trillion to $146 trillion over the month, a loss of $11.5 trillion.
In the US, the S&P 500—which represents most listed companies—fell by more than $5 trillion in March alone.
Major stock indexes globally posted declines of roughly 10% during the month.
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