US-Israel-Iran conflict impact goes beyond oil; European firms are paying through nose for chips — here’s why
The US and Israel launched strikes against Iran three weeks ago, and there seems to be no end in sight so far. The conflict, which appears to be escalating and plunging the Middle East into a deeper military confrontation, has rattled several sectors, including global energy markets, aviation, and tourism.
Another industry experiencing the Middle East’s impact is the semiconductor industry.
