Six months into the war between the US, Israel and Iran, some of the worst fears for the global economy have failed to materialise, despite the conflict driving up energy and food costs, disrupting travel and trade, and adding to pressure on already fragile supply chains.

The US-Iran war has reached a costly stalemate after six months, with $270B in damages, disrupted oil markets, and no diplomatic resolution in

The Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has time on its side. Tehran is betting…