The Middle East is experiencing escalating tensions between Iran and Israel, with potential impacts on asset markets and the global economy. Gulf Arab states are embracing Iran, signaling a geopolitical realignment and challenging US and Western hegemony. China's growing influence in the region is shaping US strategy, while Chinese banks and companies are expanding in the Middle East. Nepal's economy is at risk due to the conflict, and the global economy is preparing for a potential energy shock. The power dynamics in the Middle East and its role in the energy sector make it a significant player in the global economy. #MiddleEast #Iran #Israel #geopolitics #China #US #GulfArabStates #economy #energy #Nepal...