The Government still does not have a clear idea of the impact of price hikes due to the war in Iran on the economy of the Balearic Islands. Nevertheless, the first vice-president and Minister of Economy, Antoni Costa, has warned that it represents a "big stone in the road" after a 2025 in which figures indicated economic growth. The abrupt change in the international context has sown uncertainty in the Executive's forecasts, which has approved a first package of measures to address its first effects: the increase in prices of gasoline, transport, construction, and the rise in the Euribor. "Uncertainty and volatility are the two words that define the current situation," said Costa, who admitted that he still does not have the answer to the most important question: how will this situation affect the tourism sector?

The Balearic Islands Construction Association warned on Thursday that the already rising prices of construction materials will skyrocket in the coming weeks due to the conflict in Iran. At a press conference, the association's president, Climent Olives, and managing director, Sandra Verger, cautioned that this situation could impact the public housing developments (VPO) planned under the Balearic Government's stimulus plan through the Balearic Housing Institute (Ibavi). "The longer this conflict drags on, the higher prices will rise, and it will be difficult for them to fall afterward," Verger stated, also highlighting the fragility of costs in an unstable geopolitical context. Olives added that, before the outbreak of the conflict, the sector was experiencing a boom that has completely changed in a matter of days.

Iran's new Supreme Leader, Mukhta Khamenei, owns a luxury resort in Camp de Mar, Mallorca. According to an investigation byBloomberg,quoted by the newspaperThe CountryThis is the Steigenberger Hotel & Resort Camp de Mar, in the municipality of Andratx, a complex with the beach a few meters away, a golf course and a wide range of wellness services.

Several organizations have called for an urgent rally against the imperialist war in Iran and the genocide in Palestine this Friday at 6:30 p.m. in the area known as Plaza de las Tortugas (Plaza de Juan Carlos I), in the Born district. In a poster shared on social media, the groups "Marchas de Mallorca por Palestina," "Mallorca por la Paz," and "Mallorca por Palestina" call for "peace and life."