Iran has launched 'Operation True Promise 3' in retaliation against Israel's 'Operation Rising Lion', which had targeted key Iranian military and nuclear infrastructure.

Key Reasons behind Iran-Israel Conflict
- Historical reason-Post-1979 Iranian Revolution, Iran turned into an Islamic Republic, adopted a hard anti-Israel stance.
- Both were allies until the 1979 revolution.
- Iran’s Nuclear Programme (viewed as existential threat by Israel) - International Atomic Energy Agency (IAEA) had earlier reported that Iran had enriched uranium to 60%, in breach of its obligation under Non-Proliferation Treaty (NPT).
- Also, the United States and other major Western powers have been unable to finalize a nuclear deal with Iran
- Iran’s support to Proxy war: Iran has backed groups like Hezbollah in Lebanon and Hamas in Gaza.
Implications of Iran-Israel Conflict
- Regional Instability (spill over effect): E.g. Involvement of Lebanon and Gaza
- Disruption in Global Trade: Shipping will be affected in the Strait of Hormuz and Red Sea.
- Energy security: E.g. India imports majority of its crude oil requirements through Strait of Hormuz route.
- Connectivity:
- Longer route for ships and aeroplanes.
- Affect projects like India-Middle East-Europe Economic Corridor and International North-South Transport Corridor (INSTC).
- For India: May compromise operation of Chabahar port, Balancing diplomatic relations between Israel and Iran, etc.