The Fragile Balance of the Impact of the Iran-Israel Conflict on the New Global and Regional Order

Abstract

This article discovers the political-economic aspects of the conflict between Israel and Iran, which escalated after large-scale Israeli strikes on Iranian missile facilities in June 2025 with the involvement of the U.S. military. In the researchanalyzes the impact of military operations and economic sanctions on Iran’s energy sector, strategic industries (such as pharmaceuticals and the production of essential goods), and the management of the country’s foreign exchange market. Special attention was given to Iran’s domestic measures aimed at maintaining social stability under conditions of war and external economic pressure. The paper explores possible scenarios for the conflict’s extension, including a temporary ceasefire and a long-term reorientation of the regional balance of power in favor of Israel and the United States. The research highlights the risks of regional destabilization and global economic shocks, as well as the necessity for a comprehensive diplomatic settlement.