Israel-Iran war; Attack near Burj Khalifa in Dubai: Airport closed, flights around the world affected; Air India flights to London, Toronto, Paris, Chicago canceled

The situation in the Middle East has deteriorated rapidly amid the Israel-Iran war, the effect of which is visible from Dubai to India. A drone attack took place near Dubai’s famous building Burj Khalifa. As a precautionary measure, Burj Khalifa was evacuated and its lights were switched off. After the attack, flight operations at Dubai International Airport and Al Maktoum Airport were stopped until further orders. Many countries temporarily closed their airspace, affecting flights around the world. Air India has announced that all its scheduled flights to London, Toronto, Frankfurt, Paris and Chicago on March 1 have been cancelled. DGCA has also advised airlines to avoid the airspace of 11 countries. Passengers have been advised not to go to the airport and seek latest information from their airlines. Burj Khalifa attacked, evacuated, advisory issued for passengers, flight operations at Dubai International Airport and Al Maktoum International Airport have been stopped till further notice. Passengers have been advised not to go to the airport and check directly with their airlines for latest flight schedule updates. The UAE, Qatar, Bahrain and Kuwait had their airspace closed for some time, forcing airlines to cancel, reroute or suspend services as a precaution. Air India said – We are keeping an eye. Air India said that we will continue to assess the security environment for our flight operations and will adjust the operations as per the need. According to information available on flight tracking website Flightradar24.com, the flight, operated by a Boeing 777 aircraft, remained in the air for more than five hours and the airline decided to turn back after reaching Saudi Arabian airspace. Air India also expressed regret for the inconvenience caused to passengers due to this sudden situation. Meanwhile, IndiGo said it is closely monitoring regional updates related to Iran and its airspace. About 9 thousand Indian students in Iran; There are more than 40 thousand people in Israel. Iran has taken steps towards closing the Strait of Hormuz. Iran has taken steps towards closing the Strait of Hormuz. Iran’s Revolutionary Guards are sending high-frequency radio messages to ships in the Gulf region, warning that ships will not be allowed to pass through this strategic sea route. What is the Strait of Hormuz? The Strait of Hormuz is a narrow waterway that connects the Persian Gulf to the Gulf of Oman and further to the Arabian Sea. Iran is adjacent to it to the north. In the south is Oman and United Arab Emirates i.e. UAE. All the oil producing countries are around it. Therefore, oil is supplied throughout the world through this waterway. The Strait of Hormuz is about 167 km long. Both its mouths are about 50 km wide, while the narrowest part is about 33 km wide. It has a 3 km wide shipping lane for inbound and outbound maritime traffic. Market: Fear of decline; Another bullish phase in gold and silver is possible. Attack on Iran may have a negative impact on the global markets. According to experts, a decline may be seen in the Indian stock market on Monday. According to Ajay Kedia of Kedia Advisory, if the war continues for a long time then the prices of gold and silver may again rise for safe investment.



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