International Journal For Multidisciplinary Research

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The Price of War in West Asia: Some Random Thoughts on Its Human, Economic, Environmental and Geopolitical Costs

Author(s) Prof. Dr. S Ramaswamy, V. Kaveri, Sruthi Mohan, S.Amutha
Country India
Abstract West Asia-a cradle of civilisation, a strategic geopolitical pivot, and the world’s primary hydrocarbon hub-has evolved into the twenty-first century’s most volatile theatre of protracted warfare. From the historical Israeli-Palestinian impasse to the fractured landscapes of Yemen and Syria, the region has faced an unprecedented accumulation of systemic violence. The catastrophic destruction in Gaza following October 2023, coupled with the dramatic escalation of hostilities involving the United States, Israel, and Iran in early 2026, has forced a global reckoning. This article provides a comprehensive, multi-dimensional accounting of the staggering costs of these conflicts. It posits that the "price of war" transcends immediate casualties and physical ruin; it creates a "ripple effect" that destabilises global energy markets, ruptures supply chains, threatens food and fertiliser security, and erodes the international normative order. By synthesising data from multilateral institutions such as the IMF, World Bank, and the United Nations, alongside specialised reports from the Costs of War Project, this analysis traces the cascading economic fallout-including disruptions in the Strait of Hormuz and threats to global disinflation. Furthermore, it examines the asymmetric humanitarian crises and long-term environmental degradation. Specific emphasis is placed on the vulnerability of Asian economies, particularly India. The article concludes by advocating for a diplomatically led peace architecture to replace the failing multilateral frameworks.
Keywords West Asia, Cost of War, Iran-Israel Conflict, Strait of Hormuz, Oil Prices
Field Sociology > Economics
Published In Volume 8, Issue 3, May-June 2026
Published On 2026-05-19
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