This is the story of India’s cola wars. It’s always been a potent mix of politics, nationalism, predatory market practices and good old conspiracy theories.
The lessons of earlier American regime-change efforts should be obvious. The dismantling of Iran’s regime could lead to the breakdown of state authority and the rise of warlords.
Major energy infrastructure is in the crosshairs of the conflict, raising risks of the biggest shock since Russia’s invasion of Ukraine. Qatar’s largest LNG plant remains shut, fuelling supply fears.
The Pakistani political leadership is weak and devoid of any intellect. Its diplomacy is entirely India-China-US focused and suffers from a presumptive view of Afghanistan as a vassal.
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