Zürcher Nachrichten - Iran war fuels terror risks

EUR -
AED 4.177871
AFN 72.80738
ALL 92.182487
AMD 413.339148
ANG 2.036739
AOA 1044.327004
ARS 1734.581912
AUD 1.618871
AWG 2.0477
AZN 1.928636
BAM 1.956464
BBD 2.291528
BDT 140.07875
BGN 1.915101
BHD 0.428849
BIF 3408.961307
BMD 1.137611
BND 1.454257
BOB 13.930909
BRL 5.934653
BSD 1.137761
BTN 109.140463
BWP 15.555482
BYN 3.44392
BYR 22297.173895
BZD 2.288106
CAD 1.612063
CDF 2662.009743
CHF 0.94585
CLF 0.027869
CLP 1100.433526
CNY 7.637067
CNH 7.635167
COP 3833.032082
CRC 516.709349
CUC 1.137611
CUP 27.305463
CVE 110.304358
CZK 24.37667
DJF 202.176084
DKK 7.475571
DOP 67.735955
DZD 152.253445
EGP 59.266572
ERN 17.064164
ETB 185.398838
FJD 2.543362
FKP 0.858687
GBP 0.857582
GEL 2.974854
GGP 0.858687
GHS 13.236665
GIP 0.858687
GMD 83.609373
GNF 10005.482122
GTQ 8.689024
GYD 238.053894
HKD 8.924637
HNL 30.540629
HRK 7.534515
HTG 148.897055
HUF 366.91877
IDR 20519.088038
ILS 3.503384
IMP 0.858687
INR 109.175098
IQD 1490.318663
IRR 1564030.148208
ISK 136.991576
JEP 0.858687
JMD 180.101096
JOD 0.806586
JPY 178.89671
KES 147.581934
KGS 99.48237
KHR 4617.627329
KMF 492.585757
KPW 1023.850183
KRW 1546.399926
KWD 0.35126
KYD 0.948134
KZT 500.31412
LAK 25526.996138
LBP 101880.004207
LKR 376.574366
LRD 195.678961
LSL 18.695606
LTL 3.35907
LVL 0.68813
LYD 7.277597
MAD 10.956009
MDL 20.114089
MGA 4990.758826
MKD 61.590894
MMK 2388.795803
MNT 4090.929754
MOP 9.19284
MRU 45.575861
MUR 54.00265
MVR 17.576362
MWK 1972.795246
MXN 20.312054
MYR 4.643391
MZN 72.704379
NAD 18.695606
NGN 1509.655352
NIO 41.86457
NOK 10.847757
NPR 174.629915
NZD 2.005113
OMR 0.437407
PAB 1.137701
PEN 3.865981
PGK 5.146836
PHP 71.061437
PKR 315.226376
PLN 4.368335
PYG 6682.266833
QAR 4.146907
RON 5.278285
RSD 117.528802
RUB 96.130204
RWF 1679.791987
SAR 4.272768
SBD 9.10147
SCR 15.782527
SDG 684.270165
SEK 11.316333
SGD 1.452735
SHP 0.858898
SLE 28.042309
SLL 23855.122804
SOS 650.26346
SRD 42.872012
STD 23546.249072
STN 24.50993
SVC 9.954464
SYP 14791.21738
SZL 18.690916
THB 38.184476
TJS 10.495199
TMT 3.993014
TND 3.369043
TOP 2.739094
TRY 55.720974
TTD 7.721823
TWD 36.143607
TZS 2997.608165
UAH 51.052419
UGX 4453.589093
USD 1.137611
UYU 45.606273
UZS 13441.796191
VES 969.73532
VND 29548.87466
VUV 134.011815
WST 3.123559
XAF 655.957
XAG 0.018567
XAU 0.000275080591
XCD 3.07445
XCG 2.050414
XDR 0.80435
XOF 655.957
XPF 119.331742
YER 269.215231
ZAR 18.651931
ZMK 10239.86412
ZMW 22.156808
ZWL 366.31025
SSP 6498.706883
MXV 2.300288
  • RBGPF

    -1.5200

    64.47

    -2.36%

  • CMSC

    0.0000

    20.4

    0%

  • NGG

    -0.2500

    75.24

    -0.33%

  • BTI

    0.4200

    56.05

    +0.75%

  • RELX

    -0.4500

    33.07

    -1.36%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • RIO

    -0.1500

    94.41

    -0.16%

  • BP

    0.2800

    44.43

    +0.63%

  • AZN

    -0.4300

    166.15

    -0.26%

  • RYCEF

    -0.0400

    19.56

    -0.2%

  • BCC

    -0.5500

    76.59

    -0.72%

  • JRI

    -0.2500

    10.77

    -2.32%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • VOD

    -0.0400

    16.58

    -0.24%


Iran war fuels terror risks




Terrorism fears, energy markets and geopolitical calculations have become deeply intertwined since the United States and Israel launched their assault on Iran. The assassination of Ayatollah Ali Khamenei and the sustained bombing campaign have unleashed ripple effects far beyond the Middle East. Officials across Europe and Asia warn that the conflict could trigger a wave of transnational terrorism and drive a spike in energy prices that would undermine economic stability.

Across Europe, security services have been tracking a spate of attacks and foiled plots linked to Iranian networks. Recent analyses note that Iran has expanded its collaboration with criminal groups abroad, using them to intimidate dissidents and target journalists, politicians and Jewish communities in Western countries. Investigators in Germany found that a former motorcycle‑gang member was sponsored by Iran to plan an assault on a synagogue in Bochum, while U.S. prosecutors say members of a Russian organised crime network were paid to plot the killing of an Iranian‑American activist. Authorities warn that hiring criminals gives Tehran plausible deniability and allows it to contract violence without sustaining a permanent terrorist infrastructure. Security analysts caution that dissidents and activists who celebrated the Supreme Leader’s demise may become targets for Iran’s violence‑for‑hire networks, especially in countries that support the U.S. campaign. They also point out that Iranian agents embedded in embassies and other institutions could be activated to sabotage military bases or diplomatic facilities if the regime feels cornered.

The immediate threat is not purely hypothetical. Since the war began on 28 February, at least eight incidents across Western and Eastern Europe have been linked to suspected Iranian sleeper cells. A network in Baku was dismantled after plotting to bomb the Israeli embassy, a synagogue and an oil pipeline; British police arrested four suspected operatives in London; improvised explosive devices detonated outside the U.S. embassy in Oslo and Jewish institutions in Liège, Rotterdam and Amsterdam; and a financial building in Amsterdam was bombed. Security services also arrested suspected spies surveilling a British nuclear submarine base. A new militant group calling itself Harakat Ashab al‑Yamin al‑Islamia claimed responsibility for some attacks and threatened more violence. Analysts warn that the group may be a front for Iran’s Revolutionary Guard or a disinformation campaign, but the attacks have already heightened anxiety across the continent. European governments say they have thwarted more than one hundred Iranian‑linked plots since 1979, and the current conflict has revived fears of reactivated sleeper cells.

Beyond orchestrated networks, experts worry about individuals seeking revenge. The martyrdom narrative surrounding Khamenei’s death could motivate lone offenders who view violence as a sacred duty. U.S. investigators are treating the 1 March mass shooting at an Austin, Texas bar—where the perpetrator wore a hoodie emblazoned with an Iranian flag—as a terrorist attack potentially linked to the war. Similar shootings in Ontario and an attempted attack on a Michigan synagogue are under investigation for possible Iranian inspiration. National security officials caution that such events may be the tip of the spear and that other radicalised individuals could strike in Europe or North America. European Union intelligence services fear that Iranian militias or allied groups could exploit the chaos to free jihadist prisoners, amplifying the risk of an Islamic State resurgence.

The conflict’s shockwaves are also threatening Europe’s energy security. The Strait of Hormuz, through which about one‑fifth of global oil and liquefied natural gas once transited, is effectively closed by Iranian attacks on tankers and infrastructure. European energy officials warn that kerosene shipments from Middle Eastern refineries will cease by early April and that regional stockpiles may be insufficient to prevent spot shortages and soaring prices. Natural‑gas prices in Europe have jumped more than seventy per cent since the war began as traders fear extended disruption. Analysts note that Europe depends on the Middle East for about fifteen per cent of its jet fuel and has not fully refilled depleted gas storage after cutting Russian pipeline supplies. They caution that Asia’s large economies—China, Japan, South Korea and Taiwan—could outbid Europe for scarce liquefied natural gas cargoes, driving prices even higher.

Public frustration over Europe’s vulnerability is mounting. Commentary on social media reflects a perception that European leaders undermined their own security by shutting down nuclear reactors, blocking gas projects and relying on imports. Users lament the high cost of electricity and heating, argue that environmental policies left Europe unprepared for a supply shock and demand greater energy self‑sufficiency. Some accuse left‑wing governments of sacrificing economic resilience to ideological goals; others fear that Gulf producers could further restrict shipments and force rationing. These grievances, while anecdotal, illustrate how the war has become a lightning rod for broader discontent about energy policy.

Similar tensions are developing in Asia. Southeast Asian governments have adopted a neutral stance toward the conflict, but analysts warn that Iran’s retaliatory measures could activate dormant networks across the region. With the world’s largest Muslim population concentrated in Indonesia and significant minorities across Malaysia, Brunei, Myanmar, the Philippines and Thailand, the region is watching for sectarian spillover. Experts note that Iran’s proxy Hezbollah staged operations in Thailand in the 1990s and caution that if the regime feels cornered it could call on sympathisers to mount attacks. Regional leaders worry that rising oil prices and travel risks will undermine tourism and that hundreds of thousands of migrant workers in the Middle East could be displaced, cutting remittance flows and dampening growth. The same sources emphasise that the war’s economic fallout complicates tariff negotiations with Washington and forces governments to balance diplomatic relations with domestic stability.

Diplomats in Hanoi, Kuala Lumpur and Singapore are also recalibrating energy and trade strategies. Some neutral countries with high growth ambitions fear that prolonged instability will push inflation higher and disrupt supply chains. Thailand has formed a “war room” to manage the crisis after a commercial ship flying its flag was attacked by Iranian forces, while Vietnam and Indonesia are reconsidering trade pacts linked to U.S. policy. These debates underscore how the Iran conflict is reshaping economic planning across Asia.

The broader geopolitical stakes are immense. Analysts warn that Iran’s collaboration with organised crime, the activation of sleeper cells, potential lone‑wolf attacks and the prospect of state‑led sabotage blur the line between war and terrorism. At the same time, the closure of strategic waterways has sparked fears of a prolonged energy crisis that could slow growth and stoke political unrest. Public dissatisfaction with energy policy and security concerns is intensifying across Europe and Asia. Unless the conflict de‑escalates and governments bolster counter‑terrorism cooperation and diversify energy supplies, the war in Iran could trigger a major crisis on two continents.