U.S.-Iran Conflict Will Have Huge Impact On Global Markets, Businesses, Supply Chain: Nalin Mehta
U.S. President Donald Trump has confirmed America’s involvement in military action against Iran, stating that the United States has initiated “major combat operations” in the country. Israel announced it carried out a “preemptive strike” on Iran after multiple explosions were reported in Tehran on Saturday. Nalin Mehta, Managing Editor, Moneycontrol is of the opinion that this new endgame between U.S. and Iran will have huge global impacts in terms of markets, businesses and supply chains. India will also be impacted out of this conflict as oil prices will surge, adds Mehta.
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