Excelsior Correspondent
SRINAGAR, Mar 18: The Jammu and Kashmir National Conference, president Dr Farooq Abdullah today expressed grave concern over the rapidly escalating conflict in West Asia, urging global powers to act with urgency and responsibility to prevent a deeper crisis that could destabilize the world order.
In a statement issued, Dr Farooq appealed to world leaders to set aside differences and work collectively towards de-escalation.
He warned that the ongoing conflict, particularly the intensifying hostilities involving Iran and US- Israel is already triggering severe disruptions in global energy supplies and financial stability.
“The crisis has significantly impacted oil markets and trade routes, with the Strait of Hormuz through which a substantial portion of the world’s energy supply passes facing unprecedented disruption. The precarious situation in West Asia, if allowed to worsen, will have catastrophic consequences for global finances. Rising oil prices, disrupted supply chains and economic uncertainty will disproportionately affect developing nations,” he said.
Dr Farooq emphasized that countries in the Global South, particularly India, are highly vulnerable to such shocks.
“India, being heavily dependent on energy imports, will face inflationary pressures and economic strain. The poorest sections of society will bear the brunt through rising costs of living and reduced economic opportunities,” he added.
Reiterating his appeal for peace, Dr Farooq stated, “The world cannot afford prolonged conflict. Dialogue, diplomacy and humanitarian responsibility must prevail over aggression. The future of global stability depends on the choices made today.”
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