Iran Instability: India's Strategic Setback, Pakistan & China's Gain

• Protests in Iran, driven by economic distress and political fatigue, are causing concern in New Delhi.
• Iran is crucial for India's regional strategy, providing the only reliable overland route to Afghanistan and Central Asia via Chabahar Port, bypassing Pakistan.
• A regime change or prolonged instability in Iran could jeopardize India's $1 billion investment in Chabahar and related projects, making it a hostage to political turmoil.
• Historically, Iran has acted as a counterweight to Pakistan's influence, supporting India against Pakistan-backed jihadist networks and during the Kashmir issue.
• A weakened Iran could benefit Pakistan by removing a regional check and allow China to expand its influence through strategic cooperation and investments, further marginalizing India.

Why It Matters: Instability in Iran threatens India's strategic access and regional balance, while potentially benefiting Pakistan and China.