The Iranian empire is crumbling. Just three months ago, Iran sat astride the Middle East, effectively controlling at least four Arab capitals and multiple well-armed proxy forces. Now, it has lost Syria and Lebanon while Hamas and Hezbollah have been decimated. This Israeli success presents the incoming Trump administration with a historic opportunity to dislodge other parts of the region from Iran’s rapacious grasp.
The Reserve Bank of India has warned of inflation risks and potential second-round effects due to the Middle East conflict, though growth remains resilient...