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⬤ CRITICAL 27 Aug 2026, 17:32 UTC

War and Profit: The Biggest Financial Winners of US-Iran Conflict

As part of our continuing series, Geopolitics Made Simple, devoted to developments in the Middle East, we have already discussed the military power of the United States, Iran's response, the objectives of the war and the way domestic politics influences decisions made by the White House. But it is impossible to discuss war without discussing money: the enormous sums governments spend on missiles, aircraft, fuel and military operations, and the money that someone else earns from the very same war. War is not only about politics and the military. It is also a vast economy in which the expenses of some inevitably become the income of others. This leads to the next simple question in our series: who emerged among the main beneficiaries of the war with Iran, and how much money did they manage to make from it?
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