CHIYAH, Lebanon: Ayman Al-Zain watched on a recent afternoon as a bulldozer cleared the rubble of what used to be his sports clothing store, which was one of dozens of buildings destroyed in Israeli strikes against the Hezbollah militant group. With a nominal truce in place that has reduced but not halted the fighting, Al-Zain tried to assess whether to rebuild the shop in Beirut’s southern suburbs that he once hoped to pass down to his kids. But it’s unlikely he will be able to do so anytime soon, and not only because of the fear of more airstrikes.

The U.S.-Israeli war with Iran, and the closure of the Strait of Hormuz, have sent economic shock waves across the Mideast.

The latest war between Israel and Hamas, and the closure of the Strait of Hormuz, have sent economic shock waves across the Mideast.

War exacerbates Lebanon's economic crisis, leading to job losses, soaring prices, and a struggling financial sector amid ongoing conflict.

Since 2019, the tiny Mediterranean country has been in the throes of an economic crisis that pulverized the value of its currency and its banking system.

CHIYAH, Lebanon: Ayman Al-Zain watched on a recent afternoon as a bulldozer cleared the rubble of what used to be his sports clothing store, which was one of dozens of buildings…