HomeNewsOpinionIsrael’s airstrikes on Iran may fuel global geopolitical instability

Israel’s airstrikes on Iran may fuel global geopolitical instability

The fallout on energy markets and the brittle West Asian security situation will depend on the scale and nature of Iran’s response. This conflict is being played out in the backdrop of a breakdown in the longstanding nuclear consensus among major powers, enhancing geopolitical risks. Middle powers such as India, Germany and Japan have a stake in sustaining the current equilibrium and therefore need to step up

June 13, 2025 / 14:11 IST
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Iran armed forces chief of staff Mohammad Bagheri killed in Israel attack. (Source: NYT)

The Israeli airstrikes on Iranian nuclear facilities, missile sites and the top military leadership carried out on Friday (June 13) have wide-ranging implications that could plunge an already volatile region into a spiral of dangerous escalation.

The immediate impact has been on the global oil market and Brent crude was hovering closer to US $ 72 per barrel   (at the time of writing this comment a few hours after the airstrikes).  Depending on the Iranian response – if for instance Tehran degrades regional energy stability by rendering the Strait of Hormuz ‘dangerous’; or the Houthi rebels are encouraged to resume their attacks on Israel bound shipping – the hydrocarbon domain will become even more volatile, impacting major importers including India.

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The damage and US’ official position

While the extent of damage caused to the Iranian WMD (weapons of mass destruction) capability, which includes missile sites and nuclear enrichment facilities remains opaque, Tehran has confirmed that senior military leaders including the head of Iran’s IRGC (Islamic Revolutionary Guard Corps) Major General Hossein Salami have been killed.