The escalating war involving Iran, the United States, and regional actors in the Middle East has already begun to reshape the global economy. Oil prices have surged above $100 per barrel, energy markets are unstable, and international travel patterns are shifting. At first glance, this conflict appears distant from the Caribbean. Yet history shows that global crises—especially those involving energy—often ripple outward and reach small, open economies like Jamaica with surprising speed.
For the Caribbean, the implications fall into three major areas: energy costs, tourism flows, and real estate investment. Each of these sectors could move in different directions. Some effects could be painful; others might create unexpected opportunities.
The truth is that when the Persian Gulf trembles, Caribbean economies usually feel the shockwaves.
