Middle East conflict escalates post U.S.-Israel strikes on Iran, affecting regional security and global energy markets.
A major conflict has erupted in the Middle East after U.S. and Israeli strikes on Iran, sparking retaliation and raising regional tensions. Civilians face humanitarian and economic hardships as Gulf countries scramble to secure critical infrastructure and trade routes, including the Strait of Hormuz.
Hezbollah and other regional actors are adding complexity to the crisis, while incidents like the mistaken downing of U.S. jets by Kuwaiti defences have heightened fears of accidental escalation.
Global energy markets are already feeling the strain, with oil prices fluctuating amid growing uncertainty.
Oz Sultan from Sultan Interactive Group explains the conflict’s impact on regional security and the global economy, and what steps could help de-escalate tensions.