Airspace closed, flights canceled across Middle East
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Iran's Islamic Revolutionary Guard Corps said that "the most intense operation against Israel and the United States is set to begin," while state outlets warned that "revenge is coming."
From being just a fringe risk, conflict in the Middle East has become a top worry for investors unsettled by the prospect of a power struggle in Iran and a protracted regional war, with ramifications for everything from global trade to inflation.
Tensions in the Middle East have intensified sharply after United States President Donald Trump announced that Iranian Supreme Leader Ayatollah Ali Khamenei had been killed in a large-scale joint US and Israeli military operation targeting Iran.
Israel’s combined attack on Iran is expected to hurt Indian stock markets which have already been bruised due to tariffs. While the likelihood of a prolonged, full-scale conflict remains uncertain, the situation continues to be marked by fragile ceasefire efforts and persistent strategic tensions.
L&T Spokesperson recognised the Middle-East as a strategically significant market for the company and said that their management committee is closely monitoring the situation and is being updated with real-time information from on-ground teams in the region.
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Middle East tensions: India scraps 350 flights on March 1 as airspace curbs disrupt schedules
The civil aviation ministry said it is working closely with airlines, airport operators and other stakeholders to proactively monitor the situation and ensure passenger support. Major Indian airports remain on operational alert to handle possible diversions and manage terminal crowds,
England’s men’s team will travel to Mumbai for their T20 World Cup semi-final as planned despite disruption elsewhere in the Middle East. The decision comes as Andrew Flintoff’s England Lions squad remain stranded in the United Arab Emirates following airspace closures.
TCS’ Middle East country leadership and human resource team is coordinating with employees across locations, and has started a call tree service to contact stranded employees on priority.