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Showing posts from March, 2026

IMPACTOF WAR, ENERGY SECURITY AND GLOBAL ECONOMY

 ISRAEL US  IRAN WAR  Despite Iran's reported commitment not to make a nuclear bomb or stockpile nuclear material as promised in the mediating discussion between US and Iran held on 27th February under Omani mediation , the very next day USA and Israel ,conducted  about 2000 strikes on Iranian targets  destroying military infrastructure, naval vessels, missile systems and command centers and  killing Iran's Supreme leader Ayatollah Ali Khamenei and dozens of senior Iranian officials.Consequently Iran started vengeance by striking on Israel and US Gulf allies through waves of missiles and drones hitting US embassies and military bases in  Saudi Arabia and Aramco Kuwait,Lebanon,UAE and Bhurj Khalifa and even mediator Oman  base was not spared.The escalation of conflict between Iran and Israel, involving US military actions significantly disrupted global oil supply chain.According to Donald Trump the heavy and pinpoint  bombing compaign would co...