Israel-Iran Conflict Sparks Regional Risks, Global Economic Concerns

Israel's unconfirmed nuclear arsenal, estimated at around 100 weapons, contributes to global nuclear risks alongside other nuclear-armed states, as noted by Susi Snyder of ICAN. Recent Israeli airstrikes against Iran, targeting its nuclear program, have caused significant disruption but the long-term damage remains uncertain due to Iran's hardened and secretive facilities. China has expressed deep concern over these strikes, warning they could destabilize the Middle East and urging restraint and diplomacy to avoid further escalation. The conflict has already impacted global markets, with fears of a broader confrontation increasing oil prices and threatening the U.S. economy, although some analysts suggest market fears may subside soon. Regional experts warn that Israel's operations on multiple fronts, including potential strikes inside Iran, along with the U.S. evacuation of its embassy in Iraq and other Middle Eastern diplomatic moves, reflect growing fears of a serious escalation with unpredictable consequences. The situation remains volatile, with international calls for dialogue amidst rising tensions and military actions in the region.