Despite a declared ceasefire, tensions in the Middle East remain high. The Iran-Israel conflict has dramatically reshaped Middle East dynamics, bringing a long-standing proxy war into open confrontation. Harsh V Pant of ORF warns it threatens regional order, tests US-Israel ties, and could redefine nuclear non-proliferation if Iran quits the NPT. Oil markets remain highly vulnerable to Red Sea or Hormuz disruptions, with Asian economies at risk. India must balance relations with Iran, Israel, and the Gulf while upholding strategic autonomy. Meanwhile, emerging security blocs reflect global rivalries, with China and Russia backing Iran. The conflict further weakens multilateral institutions like the UN and IAEA, eroding their relevance in global governance.
first published: Jun 25, 2025 10:54 pm
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