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CryptoWorld News reports that on April 10th, Jefferies Global Economist Mohit Kumar stated in a report that the Middle East conflict has resulted in different gains and losses for all parties involved, with the U.S. economy potentially being least affected by rising oil and gas prices. From a geopolitical perspective, Russia is the winner of this war, while Iran is expected to leverage the situation to lift sanctions. Kumar said the main losers are Gulf countries, which will face a more assertive Iran, and their economies have already been severely impacted. Asia, due to its reliance on Middle Eastern oil and gas supplies, has suffered economic losses; Europe has lost geopolitical influence, "because the world clearly no longer cares about Europe's opinion."