{"id":19467,"date":"2026-04-18T21:04:04","date_gmt":"2026-04-18T20:04:04","guid":{"rendered":"https:\/\/inernews.online\/?p=19467"},"modified":"2026-04-18T21:04:04","modified_gmt":"2026-04-18T20:04:04","slug":"mazzucato-on-the-iran-wars-economic-shock-who-pays-the-price-business-and-economy","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=19467","title":{"rendered":"Mazzucato on the Iran war\u2019s economic shock: Who pays the price? | Business and Economy"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p>Redi Tlhabi speaks to economist Mariana Mazzucato on the Iran war\u2019s economic fallout and who\u2019s really paying the price.<\/p>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>The world is reckoning with the biggest oil supply disruption in history, one that has sent energy prices soaring, rattled stock markets and exposed the deep vulnerabilities of economies still hooked on fossil fuels. While millions face higher fuel and energy bills, top oil and gas companies are reportedly profiting about $30m per hour since the war began.<\/p>\n<p>This week on <em>UpFront<\/em>, Redi Tlhabi speaks with renowned economist Mariana Mazzucato about what a genuine green industrial strategy looks like, why the World Bank has fallen short, and how her concept of the \u201ccommon good economy\u201d offers a new compass for governments navigating crises.<\/p>\n<\/div>\n<div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 18 Apr 2026<\/span><span aria-hidden=\"true\">18 Apr 2026<\/span><\/p>\n<\/div>\n<div class=\"rich-share dark-view\" data-testid=\"rich-share\">\n<div class=\"rich-share__divider\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share-nodes icon--primary icon--24 \" viewbox=\"0 0 24 24\" version=\"1.1\" aria-hidden=\"true\"><title>share-nodes<\/title><path fill=\"currentColor\" d=\"M17 22a2.9 2.9 0 0 1-2.125-.875A2.9 2.9 0 0 1 14 19q0-.15.075-.7L7.05 14.2A2.97 2.97 0 0 1 5 15a2.9 2.9 0 0 1-2.125-.875A2.9 2.9 0 0 1 2 12q0-1.25.875-2.125A2.9 2.9 0 0 1 5 9a2.97 2.97 0 0 1 2.05.8l7.025-4.1a1.7 1.7 0 0 1-.062-.338A5 5 0 0 1 14 5q0-1.25.875-2.125A2.9 2.9 0 0 1 17 2q1.25 0 2.125.875T20 5t-.875 2.125A2.9 2.9 0 0 1 17 8a2.97 2.97 0 0 1-2.05-.8l-7.025 4.1q.05.176.063.337Q8 11.801 8 12q0 .2-.013.363t-.062.337l7.025 4.1A2.97 2.97 0 0 1 17 16q1.25 0 2.125.875T20 19t-.875 2.125A2.9 2.9 0 0 1 17 22\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"google-preferred-source\"><button class=\"google-preferred-source__button\" aria-label=\"Add Al Jazeera on Google\" data-testid=\"google-preferred-source-button\"><svg class=\"icon icon--google icon--primary icon--16 google-preferred-source__google-icon\" viewbox=\"0 0 24 24\" version=\"1.1\" aria-hidden=\"true\"><title>google<\/title><g><path fill=\"#fbbb00\" d=\"m6.99 13.878-.627 2.339-2.29.048A8.96 8.96 0 0 1 3 12c0-1.492.363-2.9 1.006-4.14l2.04.375.893 2.026A5.4 5.4 0 0 0 6.649 12c0 .66.12 1.293.34 1.877\"\/><path fill=\"#518ef8\" d=\"M20.843 10.318Q21 11.137 21 12q-.001.968-.197 1.879a9 9 0 0 1-3.168 5.14v-.001l-2.569-.131-.363-2.27a5.36 5.36 0 0 0 2.308-2.738h-4.813v-3.56h8.645\"\/><path fill=\"#28b446\" d=\"M17.634 19.018A8.96 8.96 0 0 1 12 21a9 9 0 0 1-7.928-4.735l2.917-2.387a5.35 5.35 0 0 0 7.713 2.74z\"\/><path fill=\"#f14336\" d=\"M17.744 5.072 14.83 7.459a5.353 5.353 0 0 0-7.89 2.802l-2.933-2.4A9 9 0 0 1 11.999 3c2.184 0 4.187.778 5.745 2.072\"\/><\/g><\/svg><span class=\"google-preferred-source__text\">Add Al Jazeera on Google<\/span><\/button><button tabindex=\"0\" aria-label=\"See more of Al Jazeera\u2019s trusted journalism by adding us as a preferred source on Google.\" class=\"tooltip-accessible_trigger\"><svg class=\"icon icon--info icon--white icon--16 google-preferred-source__info-icon\" viewbox=\"0 0 24 24\" version=\"1.1\" aria-hidden=\"true\"><title>info<\/title><path class=\"icon-main-color\" d=\"M12 0a12 12 0 1 0 0 24 12 12 0 0 0 0-24Zm-.226 3.225a2.039 2.039 0 0 1 2.155 1.924v.193a1.998 1.998 0 0 1-2.155 2.149 2.029 2.029 0 0 1-2.146-2.15 2.039 2.039 0 0 1 1.955-2.122h.193l-.002.006Zm3.227 15.525a.75.75 0 0 1-.752.75H9.75a.75.75 0 0 1-.75-.75v-1.5a.75.75 0 0 1 .752-.75h.748V12h-.75a.75.75 0 0 1-.75-.75v-1.5a.75.75 0 0 1 .752-.751h3a.75.75 0 0 1 .75.752v6.75h.75a.75.75 0 0 1 .75.749L15 18.75Z\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Redi Tlhabi speaks to economist Mariana Mazzucato on the Iran war\u2019s economic fallout and who\u2019s really paying the price. The world is reckoning with the biggest oil supply disruption in history, one that has sent energy prices soaring, rattled stock markets and exposed the deep vulnerabilities of economies still hooked on fossil fuels. While millions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-19467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle-east-news"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/19467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19467"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/19467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/19468"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}