Santo Domingo – The escalating conflict between Israel and Iran could have far-reaching consequences beyond the Middle East, with the Dominican Republic potentially feeling the economic ripple effects, according to political analyst and jurist Franklin Mercado.
In recent days, tensions spiked after Iran launched drone and ballistic missile attacks against Israel, prompting a swift retaliatory strike on Tehran. “The world is waking up to a preemptive strike on Iran’s development system,” Mercado told Hoy, underscoring the seriousness of the confrontation.
He explained that Israel’s actions are motivated by a desire to prevent Iran from advancing its nuclear capabilities. However, he cautioned that Iran, a major geopolitical player, has the capacity to provoke a global crisis. “Iran is no small feat. It can implement a blockade that seriously affects the global economy,” he said.
Iran holds the third-largest oil reserves in the world, making any instability in the region a cause for concern in international energy markets. For nations like the Dominican Republic—highly dependent on oil imports and vulnerable to global price fluctuations—disruptions to supply chains could translate into inflation, fuel price spikes, and broader economic challenges.
