Israel and America have launched new attacks in the war against Iran. Iran’s Revolutionary Guard warned on state television Monday morning that if its power plants were targeted, it would retaliate by attacking power plants in Israel and Gulf countries where US military bases are located. Amidst this tension, Russia has expressed deep concern about the attacks near Bushehr nuclear center and has described it as extremely dangerous.
What are the preparations for Iran’s retaliatory action?
Iran has made it clear that it can go to any extent for its security. Iran’s military commanders have announced that if the US follows through on its threats, they will immediately close the Strait of Hormuz. Iran has also warned those countries which are providing electricity or military facilities to America. Below are the main points related to Iran’s preparations:
Iran will target economic and industrial centers in which the US has stakes. There are plans for a massive attack on Israel’s communications and energy infrastructure. Iran has threatened to lay naval mines in sea lanes. Iran’s Foreign Ministry has said that the route is not closed yet but strict checking of ships is being done.
Impact of the attack on business and security
The biggest impact of this war has been on maritime trade. Since the war that started on February 28, there has been a huge decline in the number of tankers passing through the Strait of Hormuz. America has started targeting Iran’s infrastructure to destroy its military capabilities. The current situation can be understood from the table given below:
Main information Current situation/figures Reduction in tanker traffic by almost 86 percent Commercial ships attacked 24 ships (since March 1) US President’s ultimatum of 48 hours (expires on March 24) Potential duration of war likely to extend till September
US President Donald Trump has given Iran 48 hours to open the Strait of Hormuz completely without any threat. On the other hand, the Israeli Army spokesperson has said that this fight against Iran and Hezbollah may continue for several weeks. The coming days may be quite challenging for expatriates living in the Gulf region and business activities as the threat of energy crisis and closure of sea routes has increased.
