Iran-Israel war may cause big loss to India

Iran-Israel war may cause big loss to India

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Iran-Israel War: The whole world is worried due to the threat of war between Israel and Iran. The United Nations has clearly said that the world is not ready to face a third war. Israel should not think about retaliating against Iran. Whereas, America is also seen getting involved in the war between Israel and Iran. However, the Israeli President has said that he will respond to Iran even without American help. The war situation between the two countries in the Middle East seems to have a direct impact on India’s economy, geo-politics and the Indians living there. It is being told that more than 30 thousand Indians live in both the countries. The Indian government has instructed its embassy to ensure their safety and stay in touch with the people.

India’s defense supplies will be affected

If there is a war between Iran and Israel, it will have a direct impact on India’s defense supplies. In fact, after the war between Russia and Ukraine started, the government turned towards Israel, NATO and America. Now, in the meanwhile, if China takes any action on LAC then India’s support supply will be busy with itself. Due to this, India’s problems may increase.

Economic relations will be affected

India has economic ties with both Iran and Israel. Israel is a strategic supplier of India, while Iran is important for connectivity to Central Asian Republics and East European countries. Chabahar port development work is strategically important for India. Iran also has involvement in this. This project may hang in the balance. Chabahar port is near the China-funded Gwadar port in Pakistan. Along with this, India may also have to buy expensive crude oil and gas. Its impact will be seen on the industries supported by it and the prices of petrol and diesel.

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90 lakh Indians live in Gulf countries

More than 90 lakh Indians live in the Gulf countries of the Middle East. Due to its employment, the relations and foreign exchange of both the countries are also affected. 12 thousand Indians live in Iran, 18 thousand in Israel and 90 lakh Indians live in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates together. There will be a direct impact on their employment and business.

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