Iran Conflict Reaches Six Months, Impacting Global Economy and Oil Supply

The six-month-long Iran-US conflict has disrupted the global economy and oil supply, with Pakistan mediating a temporary ceasefire.

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ایران جنگ کے چھ ماہ مکمل، عالمی معیشت اور تیل کی ترسیل متاثر

Geneva: (RightNow) In the last week of February, nuclear program negotiations between the US and Iran were ongoing when on February 28, the US and Israel launched attacks on Iran. This conflict severely affected the global economic system and posed security threats to several countries.

At the onset of the attacks, the US President stated that the operation aimed to eliminate threats from the Iranian government. The US and Israeli attacks resulted in 156 casualties, including 120 children.

In retaliation, Iran launched missile attacks on Israeli and US military bases, leading to the near closure of the Strait of Hormuz. This affected oil exports from Gulf countries and increased oil prices in the global market.

It is notable that Pakistan played a mediating role in negotiations between the US and Iran, facilitating a temporary ceasefire. Qatar also played a significant role in the negotiations.

It is important to remember that even after six months of conflict, fundamental differences between the two countries persist, with the war shifting from a military to an economic and diplomatic front.

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