Trump In Tough Spot As Israel Goes Ahead With Iran Strikes | Insight with Haslinda Amin 6/12/2025

Geopolitical Conflict & Military Action - Israel launched Operation Rising Lion, targeting Iranian nuclear program, citing Iran's rapid development towards nuclear weapons capability [1][5] - Iran vowed retaliation for the attack, possessing thousands of ballistic missiles [2][3] - Israel conducted another wave of attacks in Iran, targeting multiple military sites including Tehran and nuclear facilities [25][47] - The US maintains it was a unilateral move by Israel, but the level of disagreement between the two countries is unclear [7][8] - The conflict poses a major foreign policy crisis, with potential for escalation and wider Middle East involvement [10][36] Potential for US Involvement - The US aims for a diplomatic resolution, but President Trump doesn't want Iran to have nuclear weapons [11][21] - Iran has previously stated it would involve the US if military action occurred [20] - US forces in Bahrain, Qatar, Iraq, Jordan, and ships at sea are at risk if the conflict escalates [35] - The US may provide mid-course intercept of missiles launched by Iran [25] Oil Market Impact - Oil prices surged due to fears of supply disruptions, potentially leading to global inflation [48][55] - The region accounts for a third (33%) of global crude production, with the Strait of Hormuz being a key conduit for 20% of global oil consumption [55][64] - JP Morgan estimates oil could reach $130 a barrel in a severe outcome [67] - OPEC has spare capacity of approximately 4 million barrels per day, but it may not be sufficient to offset a major disruption [68] Air India Crash - An Air India Boeing 777 crashed shortly after takeoff in Ahmedabad, killing most of the 242 people on board [85][86] - Initial assessments suggest potential engine failure after takeoff at 500 feet [92] - The crash is the world's first ever 787 Dreamliner crash, prompting a global investigation [95] - The age and maintenance of Air India's fleet are being questioned, despite recent privatization and management changes [96][97]