April 30: US-Iran War's Impact on International Economy, Financial Markets, and Livelihoods
On April 30, the US-Iran conflict's impact on the international economy was reported. The US has spent $25 billion on the war, and rising international oil prices are causing Indian airlines to face a suspension crisis. Additionally, Iran's currency, the rial, hit a record low.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 17:13
- 🔍 Collected: April 30, 2026 at 17:32 (18 min after Published)
- 🤖 AI Analyzed: April 30, 2026 at 18:41 (1h 9m after Collected)
US-Iran War Key News
CENTRAL NEWS AGENCY
(Central News Agency, Taipei, April 30, comprehensive foreign report) — The Pentagon confirmed that the cost of the war against Iran has so far reached US$25 billion, equivalent to approximately US$190 per American household. Due to soaring international oil prices, several Indian airlines are concerned about flight suspensions and are requesting the government to adjust aviation fuel prices.
Iran War Burns $25 Billion in 2 Months, More Than CDC's Annual Budget
The Pentagon confirmed that the war with Iran has cost US$25 billion (approximately NT$792 billion) in two months, which is more than the annual budget of the U.S. Centers for Disease Control and Prevention (CDC). It has also exhausted the U.S. military's annual ammunition budget, and expenditures will continue to rise before the war ends.
US$25 billion represents the annual budget of NASA, the U.S. military aid to Israel since Hamas's attack on October 7, 2023, and is equivalent to extending Obamacare subsidies for one year. Healthcare subsidies were at the core of the longest federal government shutdown on record last year due to a congressional budget impasse.
Middle East War Causes Oil Prices to Soar; Indian Aviation Industry: May Suspend Flights
Indian media reported that the Federation of Indian Airlines, in a letter to the Ministry of Civil Aviation, stated that any unreasonable increase in fuel prices would cause irreparable losses to airlines, potentially leading to flight suspensions and even direct flight cancellations.
The Federation of Indian Airlines, representing Air India, IndiGo, and SpiceJet, mentioned in its letter to the Ministry of Civil Aviation that to keep the aviation industry operating, the government is urged to intervene urgently and provide timely and effective financial support to help operators overcome difficulties.
Kaohsiung Confirms Japanese Oil Tanker Passed Through Strait of Hormuz; South Korea Actively Seeks Passage Solutions
Japanese Prime Minister Sanae Takaichi pointed out that a Japanese-related vessel has been confirmed to have passed through the Strait of Hormuz. The vessel has left the Persian Gulf and is heading to Japan, with three Japanese crew members on board.
Japanese government sources stated that the "Idemitsu Maru" did not pay transit fees when passing through the Strait of Hormuz, which was achieved through negotiations between the Japanese and Iranian governments. According to Iran's Press TV, the Idemitsu Maru loaded 2 million barrels of crude oil in Saudi Arabia in early March.
Middle East Conflict Raises EU Energy Spending; Von der Leyen Emphasizes Electrification Drive
The Middle East conflict has led to a significant increase in the European Union's imported energy expenditure. European Commission President Ursula von der Leyen pointed out that Europe must reduce its excessive reliance on imported fossil fuels, and promoting "electrified Europe" is an urgent priority.
She emphasized that the future direction is clear: it is necessary to reduce excessive reliance on imported fossil fuels and turn to developing local, affordable, and clean energy in Europe. From renewable energy to nuclear energy, all will be promoted with full respect for technological neutrality.
US Port Blockade Impacts; Iranian Rial Hits New Record Low Against Dollar
According to exchange rate tracking websites Bonbast and AlanChand, on April 29, the Iranian black market exchange rate was approximately 1 USD to 1.8 million rials, setting a new historical low. Two months ago, when the war broke out, 1 USD was approximately 1.7 million rials.
Experts warn that the depreciation of the rial could further push up inflation in Iran, especially since many imported daily necessities, from food, medicine, and electronics to raw materials, are all affected by the USD exchange rate. (Edited by Ho Hung-ju) 1150430
Choose to stand with facts; every sponsorship you provide is a force protecting press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
CENTRAL NEWS AGENCY
(Central News Agency, Taipei, April 30, comprehensive foreign report) — The Pentagon confirmed that the cost of the war against Iran has so far reached US$25 billion, equivalent to approximately US$190 per American household. Due to soaring international oil prices, several Indian airlines are concerned about flight suspensions and are requesting the government to adjust aviation fuel prices.
Iran War Burns $25 Billion in 2 Months, More Than CDC's Annual Budget
The Pentagon confirmed that the war with Iran has cost US$25 billion (approximately NT$792 billion) in two months, which is more than the annual budget of the U.S. Centers for Disease Control and Prevention (CDC). It has also exhausted the U.S. military's annual ammunition budget, and expenditures will continue to rise before the war ends.
US$25 billion represents the annual budget of NASA, the U.S. military aid to Israel since Hamas's attack on October 7, 2023, and is equivalent to extending Obamacare subsidies for one year. Healthcare subsidies were at the core of the longest federal government shutdown on record last year due to a congressional budget impasse.
Middle East War Causes Oil Prices to Soar; Indian Aviation Industry: May Suspend Flights
Indian media reported that the Federation of Indian Airlines, in a letter to the Ministry of Civil Aviation, stated that any unreasonable increase in fuel prices would cause irreparable losses to airlines, potentially leading to flight suspensions and even direct flight cancellations.
The Federation of Indian Airlines, representing Air India, IndiGo, and SpiceJet, mentioned in its letter to the Ministry of Civil Aviation that to keep the aviation industry operating, the government is urged to intervene urgently and provide timely and effective financial support to help operators overcome difficulties.
Kaohsiung Confirms Japanese Oil Tanker Passed Through Strait of Hormuz; South Korea Actively Seeks Passage Solutions
Japanese Prime Minister Sanae Takaichi pointed out that a Japanese-related vessel has been confirmed to have passed through the Strait of Hormuz. The vessel has left the Persian Gulf and is heading to Japan, with three Japanese crew members on board.
Japanese government sources stated that the "Idemitsu Maru" did not pay transit fees when passing through the Strait of Hormuz, which was achieved through negotiations between the Japanese and Iranian governments. According to Iran's Press TV, the Idemitsu Maru loaded 2 million barrels of crude oil in Saudi Arabia in early March.
Middle East Conflict Raises EU Energy Spending; Von der Leyen Emphasizes Electrification Drive
The Middle East conflict has led to a significant increase in the European Union's imported energy expenditure. European Commission President Ursula von der Leyen pointed out that Europe must reduce its excessive reliance on imported fossil fuels, and promoting "electrified Europe" is an urgent priority.
She emphasized that the future direction is clear: it is necessary to reduce excessive reliance on imported fossil fuels and turn to developing local, affordable, and clean energy in Europe. From renewable energy to nuclear energy, all will be promoted with full respect for technological neutrality.
US Port Blockade Impacts; Iranian Rial Hits New Record Low Against Dollar
According to exchange rate tracking websites Bonbast and AlanChand, on April 29, the Iranian black market exchange rate was approximately 1 USD to 1.8 million rials, setting a new historical low. Two months ago, when the war broke out, 1 USD was approximately 1.7 million rials.
Experts warn that the depreciation of the rial could further push up inflation in Iran, especially since many imported daily necessities, from food, medicine, and electronics to raw materials, are all affected by the USD exchange rate. (Edited by Ho Hung-ju) 1150430
Choose to stand with facts; every sponsorship you provide is a force protecting press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and audio-visual content on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.