look news india
News India Live, Digital Desk: The world is once again standing on the brink of a fierce war. The ongoing tension between America and Iran has now reached such a level from where the path of return seems bleak. The dark clouds of war have started deepening in the Gulf countries and the armies of both the countries are on high alert. This conflict has raised alarm bells not only for the economy and peace of the Middle East, but also the entire world.
Why did the situation worsen? possibility of direct confrontation
The latest controversy started when Iran took a tough stance on its nuclear program and ignored warnings from Western countries. In response, America has deployed its warships and bombers in strategically important areas. According to Pentagon sources, America is ready to give a befitting reply to any ‘provocative action’.
Iran’s counter-threat: threat of ‘nuclear attack’
The Iranian leadership has also clearly refused to bow down. Statements from Tehran have said that if their sovereignty is attacked, they can go to any extent to protect themselves. Experts believe that the news of Iran’s missile technology and nuclear capability is making this tension more ‘explosive’.
Impact on global market: Rise in prices of petrol and diesel?
The direct impact of this tension has started becoming visible on the international market. If there is a crisis on the ‘Strait of Hormuz’, which is important for the supply of crude oil, then oil prices can skyrocket in the whole world including India. Due to this uncertainty, a huge decline is also being recorded in the stock market.
Appeal from big countries of the world
Russia, China and the European Union have appealed to both countries to exercise restraint. The United Nations (UN) has warned that even a small mistake can throw the region into a fire that will be impossible to extinguish. The avenues of dialogue seem to be closed at the diplomatic level, which is a matter of concern for the entire world.