The rising regional tension has precipitated intense diplomatic activity in the West to prevent a large-scale conflict in the Middle East.
Recent violence and the assassination of the Hamas leader in Beirut have triggered an alert on the Israel-Lebanon border, increasing the risk of Hezbollah's involvement.
The attacks from Iranian allied Houthi Yemenis in the Red Sea have disrupted international trade by escalating transportation costs, which will impact consumers.
The increase of Iranian belligerent rhetoric after the Islamic State attacks, increases the likelihood of further tensions and violent interventions.
In this scenario, European and American diplomacy seek to contain the situation and involve powers like Turkey to mediate.
Conclusion: This series of interconnected conflicts requires careful and delicate management to avoid a wider conflict. A ceasefire and a two-state solution in Gaza could be a crucial first step towards stabilizing the region.