Iran War: No Winners, Only Losers, and Some More Than Others

• The Iran war is characterized by no clear winners, with all parties, including Iran, Israel, and the US, facing significant losses and overextension.
• Bystander nations like the GCC, Lebanon, and Jordan are suffering severe collateral damage, impacting economies, infrastructure, and food security.
• The conflict highlights the declining US economic coercion power and the UN's irrelevance in mediating global crises.
• India faces a 'disaster' due to its reliance on Persian Gulf oil, gas, and remittances, with potential GDP reduction and inflation spikes.
• Russia and China may see some strategic gains, but the overall conflict reinforces that prolonged wars lead to widespread erosion and unpredictable power shifts.