The Economic Times

This war is bigger than Iran vs US... this is a geopolitical chess game with Russia, China and fossil fuel energy needed to build AI

A war in Iran is impacting global economics and politics. Oil prices are rising, affecting consumers and trade. Russia benefits from higher oil prices and reduced competition. China faces significant risks to its investments and oil supply. The United States, an oil exporter, is less affected economically but faces military costs. India must navigate economic uncertainty and support its diaspora.