Zürcher Nachrichten - Iran war fuels terror risks

EUR -
AED 4.315389
AFN 75.20314
ALL 95.620417
AMD 434.770723
ANG 2.103214
AOA 1078.701182
ARS 1630.662976
AUD 1.621952
AWG 2.116569
AZN 1.980104
BAM 1.949993
BBD 2.374907
BDT 144.489124
BGN 1.960113
BHD 0.445595
BIF 3512.750059
BMD 1.175056
BND 1.492819
BOB 8.12178
BRL 5.786096
BSD 1.179152
BTN 111.210363
BWP 15.778369
BYN 3.319302
BYR 23031.095705
BZD 2.371506
CAD 1.60267
CDF 2721.429668
CHF 0.915304
CLF 0.026772
CLP 1053.66111
CNY 8.003599
CNH 7.996849
COP 4379.210091
CRC 538.014879
CUC 1.175056
CUP 31.138981
CVE 110.396794
CZK 24.325773
DJF 209.974835
DKK 7.472633
DOP 70.255001
DZD 155.328254
EGP 61.938769
ERN 17.625839
ETB 184.115797
FJD 2.566263
FKP 0.865572
GBP 0.864312
GEL 3.149673
GGP 0.865572
GHS 13.219015
GIP 0.865572
GMD 86.365776
GNF 10349.209811
GTQ 8.972244
GYD 245.866808
HKD 9.203767
HNL 31.347827
HRK 7.532929
HTG 154.322952
HUF 358.205803
IDR 20394.270258
ILS 3.418414
IMP 0.865572
INR 111.455108
IQD 1539.323233
IRR 1542848.400886
ISK 143.803446
JEP 0.865572
JMD 185.789671
JOD 0.83313
JPY 183.754035
KES 151.819926
KGS 102.723973
KHR 4726.009119
KMF 492.348489
KPW 1057.55442
KRW 1706.0761
KWD 0.361798
KYD 0.979479
KZT 544.286899
LAK 25815.978342
LBP 105200.39284
LKR 376.277914
LRD 215.710852
LSL 19.429521
LTL 3.469635
LVL 0.71078
LYD 7.463594
MAD 10.80875
MDL 20.204748
MGA 4913.049057
MKD 61.645047
MMK 2467.087736
MNT 4206.288306
MOP 9.486411
MRU 47.062049
MUR 54.898372
MVR 18.160455
MWK 2044.63658
MXN 20.268715
MYR 4.593301
MZN 75.097425
NAD 19.429617
NGN 1598.698819
NIO 43.389265
NOK 10.932185
NPR 178.505875
NZD 1.97232
OMR 0.45181
PAB 1.175395
PEN 4.068628
PGK 5.127117
PHP 71.18602
PKR 328.556533
PLN 4.23271
PYG 7216.540909
QAR 4.281931
RON 5.266244
RSD 117.379835
RUB 87.829436
RWF 1724.268174
SAR 4.416122
SBD 9.423281
SCR 16.81301
SDG 705.621732
SEK 10.858577
SGD 1.489677
SHP 0.877298
SLE 28.965269
SLL 24640.33026
SOS 673.843882
SRD 43.959988
STD 24321.284771
STN 24.505337
SVC 10.284331
SYP 130.670561
SZL 19.216003
THB 37.977673
TJS 10.984045
TMT 4.118571
TND 3.375344
TOP 2.829253
TRY 53.164129
TTD 7.965247
TWD 36.854802
TZS 3056.241658
UAH 51.698339
UGX 4419.819797
USD 1.175056
UYU 47.22936
UZS 14188.799821
VES 579.885899
VND 30918.070929
VUV 138.950861
WST 3.19919
XAF 656.097093
XAG 0.015053
XAU 0.00025
XCD 3.175648
XCG 2.118383
XDR 0.815974
XOF 656.097093
XPF 119.331742
YER 280.397755
ZAR 19.268038
ZMK 10576.910698
ZMW 22.315765
ZWL 378.367521
  • RBGPF

    0.0000

    63.18

    0%

  • CMSD

    0.1300

    23.42

    +0.56%

  • BCE

    0.1300

    24.23

    +0.54%

  • BTI

    0.1600

    59.56

    +0.27%

  • RIO

    5.0100

    105.51

    +4.75%

  • GSK

    0.1500

    50.53

    +0.3%

  • BP

    -1.8700

    44.63

    -4.19%

  • RELX

    -0.4100

    35.75

    -1.15%

  • NGG

    0.2100

    87.85

    +0.24%

  • CMSC

    0.1300

    23.01

    +0.56%

  • JRI

    0.1300

    13.17

    +0.99%

  • RYCEF

    0.8000

    17.3

    +4.62%

  • BCC

    2.1100

    74.24

    +2.84%

  • AZN

    3.6800

    184.92

    +1.99%

  • VOD

    0.3900

    16.13

    +2.42%


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.