Scope: This assessment examines how war, sanctions, financial isolation, energy and trade disruption are transmitting into Iranian household welfare in 2025–2026, compares the transmission and burden-sharing mechanisms observable in Israel, the European Union, Italy, France, Germany and the United Kingdom, and adopts a five-year horizon to identify the institutional variables most likely to determine whether … Leggi tutto Iran’s Distributional Stress Test: War Finance – Household Exposure and the Resilience Gap with Israel and Europe