Amid rising tensions between Israel and Iran, a senior Israeli security official has expressed deep concern over the prolongation of the war. The officer says that they do not want to get trapped in a war that has no end and no clear way out. Meanwhile, Mojtaba Khamenei has been appointed as the new Supreme Leader in Iran. Due to this new appointment and regional instability, the prices of crude oil in the global market have reached $ 120 per barrel, which has created a danger of increasing inflation all over the world.
How much life and property was lost in the war?
So far, there have been reports of heavy losses from both sides in this conflict. According to official figures, more than 1,230 people have died due to the bombing in Iran, while about 400 people have lost their lives in Lebanon also. Israel has also confirmed the death of its soldiers during a ground attack for the first time.
Region or country Number of dead Iran More than 1,230 Lebanon About 400 Israel 11 (soldiers and civilians) US Army 7
What effect will this have on Gulf countries and migrants?
This situation is very important for the Indian expatriates living in the Gulf countries because the prolonged war has a direct impact on their pockets and security. With crude oil prices rising between 100 to 120 dollars, flight tickets to and from India may become expensive.
Iran’s new Supreme Leader Mojtaba Khamenei is considered very radical, which is making peace talks difficult. Disagreements have started emerging within the Israeli army regarding the goals of the war. So far 7 American soldiers have been killed in the attacks on the American base in Saudi Arabia. Due to increase in the price of Brent Crude, the economic activity of Gulf countries has increased. Israeli PM Benjamin Netanyahu is still claiming to end the war quickly.
