Turkey Emerges as Regional Power Broker Amid Iran-US Conflict

The US-Israeli strikes on Iran have shifted the regional balance, elevating Turkey as the most capable non-Arab Muslim power.

“Iran’s targeting of Turkey unlikely to upend Ankara’s strategic balancing act Ankara said NATO defenses intercepted a ballistic missile fired from Iran that was heading toward Turkish airspace, as Turkish officials called for restraint amid rising regional tensions”

Al-Monitor

Al-Monitor reports that the missile Turkey intercepted from Iran is unlikely to upend Ankara's careful balancing between Tehran and its Western allies.

Al-Monitor

Turkish Foreign Minister Fidan warned a regional nuclear arms race would begin if Tehran acquired atomic weapons.

The latest round of Iran-US talks took place without direct contact, mediated by Gulf and regional powers.

Oman hosted the talks, while Qatar balances hosting a US air base and maintaining functional ties with Tehran.

ING THINK economic and financial analysis

Saudi Arabia, after years of confrontation, adopted a more cautious posture.

Emerging Asian central banks face a difficult trade-off between underpinning growth and countering inflation.

“The American and Israeli strikes on Iran on February 28 have altered the regional balance in ways that extend far beyond Tehran”

Modern Diplomacy

The Reserve Bank of India expects to focus on supporting growth but may have to intervene in currency markets.

Share markets plunged and the safe-haven US dollar rose in Asia as oil surged past $110 a barrel.