After the Iranian attack on Israel and the limited Israeli attack on Isfahan, many analysts believe that there will be no new attack-retaliation for the time being. After the attack in Isfahan, Iran’s foreign minister warned, “If Israel again shows courage and acts against Iran’s interests, our next response will be immediate and at the highest level.”
In the end, we have to wait for some time to understand the shape of the Iran-Israel tension. But the impact of an Iranian attack on Israel and an Israeli counterattack could be far-reaching. In the meantime, Malaysia has sided with Iran and Kuwait has announced the cancellation of the ‘Deal of the Century’ with Israel. It is a harbinger of changes in politics in the Middle East.
If such counter-attacks and the Gaza war continue and escalate, a large-scale conflict situation will develop in the Middle East. If something like that happens, it will have an extremely negative impact on the world economy.
As Middle East oil exports will suffer, commercial shipping in the Gulf and Straits of Aden along with the Red Sea will be severely disrupted. As a result, the internal politics of the Middle East countries may change. Public discontent can lead to mass uprisings. A new reckoning will also begin in the field of geopolitics. Russia and China may be directly or indirectly involved.
