New Delhi, March 1: The world watches with bated breath as escalating conflicts in the Middle East threaten global stability. Former Indian High Commissioner to Bangladesh, Veena Sikri, in an exclusive interview, described today’s developments as profoundly serious amid Iran’s relentless strikes on Israel, Oman, Kuwait, and others.
Sikri highlighted the devastating economic ripple effects. ‘Dubai’s airport is shut down, crippling the emirate’s economy, and the Strait of Hormuz is nearly closed,’ she noted. This chaos erupted just as Oman mediated US-Iran talks in Geneva, which appeared promising with Iran making concessions. Sikri suspects it was a ploy, with Israel poised for attack.
Israel struck first yesterday, drawing in the US, according to Sikri. Iran’s Supreme Leader Khamenei has been killed, leading to a transitional council headed by moderate President Pezeshkian. The big question: Will Iran escalate or pivot to de-escalation?
Iran’s IRGC vows revenge and intensified attacks on Israel. US President Donald Trump warned of severe retaliation if assaults continue. Sikri ponders if the transitional council will sustain military momentum or prioritize protecting civilians and the economy, especially after Israeli strikes killed schoolchildren.
Today’s attacks hit Bahrain, Kuwait, UAE, Qatar, and Saudi bases, drawing a stern Saudi statement. Markets brace for oil price surges and stock plunges. Disrupted airspaces and business lines signal prolonged recovery, souring global sentiment. Sikri urges close monitoring of this precarious day.