The US has been pushing for normalisation of the relationship between Saudi Arabia and Israel, and an economic corridor from India to Europe that will pass through the Middle East. The fate of these two now hangs in balance as Tel Aviv has declared war, and is bombarding the Gaza Strip following the deadliest attack in years by the militant organisation Hamas on Israel.
https://www.businesstoday.in/latest/wor ... 2023-10-08The IMEC has been dubbed as a counter to China's Belt and Road Initiative (BRI). However, as Israel has now caught into a bloody war, many suspect that this corridor will take off from here. SL Kanthan, a geopolitical analyst, said that Israel has cut off electricity to the Gaza Strip, and Israeli/American F-35 jets are bombing the region. "Saudi Arabia, Iran, and Qatar have voiced support for Hamas. The US plans for IMEC corridor or Saudi-Israel peace now don't look promising."