India, April 22 -- The economic fallout from the Iran-US war could last for a long time even if the conflict ends. Global economy, oil prices and markets could take a long time to stabilise even if a resolution to the war is reached, a possibility that still remains uncertain.

According to a Washington Post report, the US Pentagon has informed Congress that the clearing of mines placed in the Strait of Hormuz could six months and the process his unlikely to be kickstarted unless the war ends. Follow live updates on Iran-US war here.

This potentially means that the economic impact of the war could outlast its end, and could be felt all throughout 2026 or even beyond, the report said.

Days after the two-week ceasefire was announced, the ...