Financial Times columnist and global economic analyst Martin Wolf says the prospects of a diplomatic breakthrough between the United States and Iran appear increasingly unlikely as the conflict deepens. Speaking to NDTV, Wolf said hopes for a ceasefire deal involving limits on Iran’s nuclear programme and reduced support for regional proxies now seem far less plausible. Wolf pointed out that Iran’s leadership transition and the deep mistrust between Tehran, Washington and Israel make a negotiated settlement difficult. Instead, he warned the conflict could drag on for a prolonged period, raising the risk of significant economic fallout for energy-dependent economies worldwide. He added that a prolonged standoff could severely impact global markets, particularly countries reliant on oil and gas imports, as geopolitical tensions continue to disrupt energy supplies. #IranAttacksIsrael #IranAttacksTelAviv #Israel #Iran #TehranBombing #UsIranTension #IsraelIranConflict #IsraelAttacksIran #IsraelIran #IranAttack #NDTVWorld #WorldNews #TelAviv #Jerusalem #DonaldTrump #BenjaminNetanyahu #MiddleEastCrisis #IsraelHezbollah #Hezbollah #OperationEpicFury #IndiaMatters
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