Tensions in the Middle East have escalated dramatically. Following an earlier attack by Israel on Iran—which triggered significant regional consequences—US President Donald Trump has now launched a military strike targeting Iran’s nuclear facilities.
This bold and highly provocative move puts hundreds of US military bases in the region at immediate risk, as they lie well within the range of Iranian missiles.
All eyes are now on Tehran to see how it will respond to this latest act of aggression. The possibility of a wider conflict looms large, with fears that the situation could spiral into a full-scale World War III.
As the crisis unfolds, the world can expect extensive collateral damage and severe geopolitical repercussions. For countries like India, the economic impact will be immediate—particularly in the form of rising fuel prices.
With no indication that the government will reduce duties or taxes, Indian citizens may bear the brunt of the global crisis.