US‑Israel Iran War Marks 100 Days, Fuels Energy Crisis
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- United States and Israel launched a war on Iran on February 28, reaching its 100th day and triggering a global energy crisis.
- European allies declined to condemn the US‑Israeli attacks, refused to intervene, and opposed regime change in Iran.
- Gulf states condemned Iranian missile and drone attacks on civilian sites and US military assets across the region.
- Oman saw its Duqm commercial port hit by two drones on March 1 and a fuel tank struck on March 3.
- Pakistan has taken a leading role in mediating diplomatic talks to resolve the conflict amid rising oil prices.
Why it matters: Energy‑dependent economies face tighter budgets as rising oil prices, spurred by the war’s 100th day and over 3,000 deaths in Lebanon, amplify market volatility and strain economic growth.
