ECB policymaker Olli Rehn and other analysts warn that an extended Middle East conflict, particularly with Iran, could keep Eurozone inflation elevated and impact global oil prices and trade.

Donald Trump has threatened severe military action against Iran, vowing to 'hit Iran hard' in response to the recent strikes and characterizing Iran as a 'failed nation', while also ruling out nuclear weapons.

Critics argue that Trump's strategy of sanctions and military threats against Iran is failing, describing it as a 'rolling disaster' and questioning the effectiveness and costs of the US war in Iran.

Several sources condemn Iran's actions, particularly the drone attack on UAE territorial waters and the strikes in the Strait of Hormuz, viewing them as dangerous escalations and violations of sovereignty.

Iran asserts its strategic independence and calls on Europe to act as an independent actor, while also facing internal debate regarding its nuclear enrichment program and economic crisis.