Through the fog of the Gulf war

AI Summary

The ongoing conflict involving the US, Israel, and Iran in the Middle East is creating broad global concerns about regional stability, energy supply, and the risk of escalation. The 'fog of war' is making it difficult for analysts and policymakers to assess outcomes. Global energy markets and shipping lanes remain under significant threat.

While the fighting between the United States, Israel and Iran remains centred in the Middle East, the situation has raised wider concerns about stability, global energy and the risk of the confrontation expanding beyond the region.