An uneasy truce between Iran-Israel may be best-case scenario: Vandana Hari

True rapprochement between Israel and Iran remains elusive, complicated further by the Gaza conflict that has pitted Israel against Iran-backed groups like the Houthis, Hamas, and Hezbollah, says Hari

The conflict in West Asia has roiled Asian economies, especially India, and added fresh strain to domestic refiners. Against this backdrop, Singapore-based energy expert Vandana Hari, founder of Vanda Insights, speaks with S Dinakar via email, shedding light on India’s oil and gas options amid a tentative ceasefire in the ongoing Iran-Israel-US war. Edited excerpts:

 

How do you see the West Asian situation evolving with a delicate ceasefire in place?

 

It’s likely to be an uneasy calm, at least for the next few days — ceasefires are often fragile. Yet this one offers a sliver of cautious optimism, especially as