While households and governments face rising costs linked to the U.S.-Israel war involving Iran, some industries are seeing significant financial gains, the BBC reported.
The conflict has disrupted global markets, particularly after Iran effectively halted shipments through the Strait of Hormuz, a key route for roughly one-fifth of the world’s oil and gas. This has driven sharp fluctuations in energy prices, increasing the cost of living and putting pressure on businesses and public finances.
Certain sectors, however, have benefited from this situation. Profits at major oil companies such as BP, Shell and TotalEnergies rose significantly in the...