US Launches Airstrikes on Iran Nuclear Sites Amid Rising Israel-Iran Tensions

The recent conflict escalation between Israel and Iran, marked by U.S. airstrikes on Iranian nuclear facilities, has raised significant global economic and geopolitical concerns. Experts warn that the conflict could disrupt global oil supplies, particularly if Iran attempts to close the Strait of Hormuz, through which about 20% of the world's oil passes, potentially causing a spike in oil prices and economic instability, especially affecting poorer nations. Pakistan's Deputy Prime Minister Ishaq Dar condemned Israel’s attacks as illegal and a threat to regional and global peace, calling for Muslim unity and a ceasefire in Gaza, while also highlighting broader regional issues including India's actions against Pakistan. Political analysis suggests complex dynamics involving U.S.-Israel relations, with some viewing the U.S. involvement as influenced by Israel, and criticism of Western isolation amid global condemnation of the attacks. The conflict exemplifies the shifting security landscape in Asia and the Middle East, where great power competition and proxy conflicts heighten instability. Calls for diplomatic efforts, including high-level peace talks between Tehran and the U.S., underscore the urgency to prevent further escalation and maintain regional stability.