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Living pressures on most citizens are increasing as waves of price hikes continue, linked to regional tensions and the widening scope of their economic repercussions. It is no longer easy to view these developments as a passing circumstance, as all indicators suggest that the cost of food, energy, transportation, and basic services is likely to remain high, or rise again, amid an unstable regional environment. This requires the government to act calmly, but with a high degree of seriousness and urgency.
The approval of Jordan’s energy sector strategy for 2025–2035 was not a direct result of the current regional crisis, as work on it had begun before these developments. Yet the timing of its adoption gave it added significance, coming at a moment when the region is once again revealing the extent of the vulnerability facing energy-importing countries whenever wars escalate, supply routes are disrupted, and prices rise sharply. In this sense, the strategy derives its importance not as an emergency reaction, but as a proactive framework for dealing with a recurring crisis that takes different forms over time.
Whenever geopolitical risks escalate, many turn to gold as the best-known haven for preserving value in times of anxiety and uncertainty.
The war has stopped militarily, or at least the sounds of it have faded, but its economic and social impact has not. This is the clearest lesson from the U.S.-Israeli war on Iran. Shocks do not end when the missiles fall silent, because their real effects emerge later, gradually filtering into prices, investment, job opportunities, and the level of social protection.
At first glance, the idea of an American naval blockade of Iranian ports appears to be a direct tool to pressure Tehran, aimed at reducing its ability to export and import, drying up its financial resources, and pushing it toward political and strategic retreat. But in reality, this type of blockade, when applied in a highly sensitive environment such as the Gulf and the Strait of Hormuz, does not remain confined to its declared objective. It quickly turns into a broader crisis that goes beyond Iran itself and affects the global economy to varying degrees.
The issue of unemployment in Jordan is now entering an even more complex stage, because the challenge is no longer merely internal, tied to weak growth and structural imbalances in the labor market and education system. It is now also being fueled by the American-Israeli war on Iran and its regional expansion.
The government deserves credit for moving economically at the right time to absorb the shock of rising energy prices and the disruption of gas supplies it had been purchasing from the occupying state, without passing this increase directly and fully onto the prices of petroleum derivatives in the local market.
The American-Israeli war on Iran is no longer understood solely as an open military confrontation; it has also become a political and strategic test of the idea of American-Israeli deterrence in the region.
Jordan is not a direct party to the American Israeli war on Iran, but it falls within the circle of clear economic impact, especially if the war continues for a longer period.
Over the past few weeks, both the Managing Director of the International Monetary Fund, Kristalina Georgieva, and the President of the World Bank Group, Ajay Banga, published important articles diagnosing the state of labor markets, the future of jobs, and the challenges they face.
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