Middle East Instability Impacts India, Ananta Aspen Centre Says

Put this in perspective for us, this Middle East conflict and what that may mean for India. Well, as you said a little earlier, Israel is a very close partner of India. Iran is a traditional partner of India. We do no longer buy oil from Iran as a result of the sanctions, but. Any. Instability in that part of the world will impact India very much because we have, as you know, we have about 9 million Indians living and working in the Gulf. That by itself makes any geopolitical tension become a source of political and economic tension in India. That apart, India has invested deeply in its foreign policy in the Gulf, particularly with Saudi Arabia, Israel and the UAE. All of these nations right now will be focusing or are focusing on the Israel, Iran strikes and we’ve seen the results of the strikes this morning. All of these will have an impact on how India sees the region because instability is not something India is very comfortable with. I don’t know if you have followed this, but after the Israel strikes on Iran, After the Iranian strikes on Israel last weekend. Iran seized in. Ship a merchant ship, the MSC Aries, with its 17 Indian crewmen in it and it this has been held hostage by Iran for the last one week. They released one woman crew member this morning, but that’s another thing that adds to India’s troubles because you know, there are Indians having to be evacuated from trouble spots all over the world.

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