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Dr. Sumit Kumar Pandey, Jadetimes Contributor

Assistant Professor, Department of Media, Communication and Fine Arts, Manipal University Jaipur

Pallegama Hemarathana Thero
Israel's Prime Minister Benjamin Netanyahu stands with U.S. President Donald Trump after signing the Abraham Accords, September 15. REUTERS/Tom Brenner

The events of early 2026 have fundamentally redrawn the geopolitical map of the Middle East. The world is seeing a major diplomatic maneuver in the Middle East right now after the (joint) U.S.-Israeli attack on Iran in February, Iran's response by closing the Strait of Hormuz and the thinly-veiled ceasefire brokered by Pakistan in April.


President Donald Trump's latest twist in the US-Iran peace pact finalization – requiring “additional expansion of the” Abraham Accords – is a bold, unorthodox move. The US is trying to compel a “redrawing of the world map” by insisting that items such as recognition of Israel by those countries, including Saudi Arabia and Qatar as well as the status of the country that is attempting to facilitate the process, be included in any package.


An analysis of the impact of these decisions on shaping alliances around the world and the international economy.


The Hormuz Chokepoint and the Abraham Accords Ultimatum


The Strait of Hormuz has stayed the lifeline of all energy supply transmissions, with the movement of about 20% of the world's daily consumption of oil. Global energy markets immediately felt the shockwaves of tit-for-tat blockades, with Iran going on the offensive and then followed by a US counter-blockade.


The ongoing ceasefire has been fully dependent on opening up this waterway in Pakistan. But Trump has just changed a bilateral "solving the conflict" into a multilateral “take it or leave it”. The US is pushing to combine maritime security with Israeli normalisation by having key Muslim-majority countries resigne the Abraham Accords as part of the Iran deal.


This makes the diplomat's job a very difficult one. Saudi Arabia is strongly linking normalization with ensuring a Palestinian state, a point strongly opposed by the Israeli government. In addition, there is the possibility that the Accords would leave aside the idea that Iran would become a part of the accords themselves, which is beyond the lines of current geopolitical reality due to the strong ideological conflict between Tehran and Jerusalem.


Pallegama Hemarathana Thero

Global Diplomatic Impact

The ripple effects of tying the Iran ceasefire to the Abraham Accords are reshaping the strategic postures of global powers:


From Weaponizing the Global Economy: Oil Shocks, Coercion, and the High Price of Defiance


The current Middle East crisis has pushed our world economy to its breaking point in an unprecedented manner on a macroeconomic scale. The Strait of Hormuz closed and the global energy traffic had to be rebalanced immediately and substantially. Because of this the IEA was left with no other choice but to release 400 million barrels of oil to stabilise prices. Worse, it forced the United States to temporarily drop its sanctions against Russian oil, a sensible (and controversial) economic compromise, showing how much the world is dependent on free movement in the waterways of the Middle East.


The leveraging of the economy will be the Trump approach to normalizing the situation in the Middle East. The leaders of the administration describe the Abraham Accords as a "Financial, Economic, and Social BOOM" in which signatories promise to invest heavily in the other countries, integrate trade and cooperate in defense. In countries such as Pakistan, or Egypt, where dependence on foreign financial aid is so strong, the pressure to conform is tremendous, they have to adjust themselves.


Under this pressure, the Accords may lead to an even more tightly bound and American-U.S.-controlled regional economic zone, making three free trade zones stand in opposition to the four remaining ones. If the Accords continue to expand under this pressure, then it might turn into an even more tightly bound and unified American-U.S.-backed economic zone in the Middle East, leaving three free trade zones opposed to the four others. But if the agreements go nowhere and the ultimatum is not granted, they will have dire economic repercussions. The return to war on February 2026 is likely to extend the closure of Hormuz and cause a global energy shortage, a runaway increase in inflation and a harrowing contraction in emerging market economies which rely on imports of oil.


Ultimately, arranging a regional ceasefire with any kind of delicate cultural and political readjustment is a risky tactic. It creates an "either do this or do that" situation for countries: either they must open up the global trade routes to get through the survival's gate or they must adhere to their proven domestic political red lines.


Jatinder Singh, Jadetimes Contributor

J. Singh is a Jadetimes news reporter covering the USA

Pallegama Hemarathana Thero
Image Source: srilankabrief.org

The recent case involving senior Buddhist monk Pallegama Hemarathana Thero has become more than a criminal investigation. For many Sri Lankans, it has become a painful symbol of how power, politics, and religious influence continue to dominate justice in the country.


A young girl came forward with allegations of sexual abuse against one of the most powerful Buddhist monks in Sri Lanka. The nation expected a strong response from authorities — one that would place the safety, dignity, and protection of the child above everything else. Instead, what followed created public anger, confusion, and deep distrust.


The monk was hospitalized, granted bail, and handled with extraordinary caution while the alleged victim remained at the center of a traumatic national controversy. Across social media and civil society discussions, many Sri Lankans began asking the same question: if this had happened to an ordinary family without influence, would the system have acted differently?


For a government that came to power promising transparency, equality, and justice, this case has damaged public confidence. Many citizens now feel that political leaders speak about protecting women and children only when it is politically convenient. When allegations involve powerful religious figures with social and political influence, the system appears hesitant, cautious, and protective.

The frustration is not only about one monk. It is about the repeated belief that influential individuals in Sri Lanka can escape the full weight of accountability while ordinary citizens face harsh treatment for far less serious accusations.


Pallegama Hemarathana Thero

Sri Lanka has witnessed multiple controversies involving members of religious institutions over the years, including allegations of abuse, exploitation, corruption, and violence. Yet many cases fade away without meaningful legal closure. This pattern has created a dangerous perception that institutions are often protected more aggressively than victims.


Critics argue that governments fear confronting powerful sections of the Buddhist clergy because monks continue to hold major influence over elections, nationalism, and public opinion. As a result, political leaders often avoid taking firm public positions when controversies involve influential religious authorities.

For many young Sri Lankans, this has become a crisis of moral credibility. A government cannot claim to defend justice while appearing silent during cases involving vulnerable children and powerful suspects. Public trust collapses when victims appear isolated while institutions appear protected.


This is not an attack on Buddhism. Millions of Sri Lankan Buddhists themselves are demanding accountability because protecting religion should never mean protecting alleged abuse. True religious integrity requires transparency, justice, and moral courage.


A society is judged by whom it protects during moments of crisis. When a child accuses one of the country’s most powerful religious figures of abuse, the nation should stand visibly beside the victim first — not appear more concerned about protecting influence, status, and institutional reputation.


The anger surrounding this case reflects a larger national reality: many Sri Lankans no longer fear only corruption. They fear unequal justice.


And once people begin to believe that power matters more than truth, trust in both government and institutions begins to collapse.



Nivedita Chakrapani, Jadetimes Staff

Getty
Getty

Global financial markets showed cautious optimism today after recent diplomatic discussions between the United States and China reduced fears of immediate economic escalation. Investors reacted positively to signals that both governments may continue negotiations on trade, technology restrictions, and supply chain cooperation, although experts warned that major disagreements remain unresolved.


Recent meetings involving Donald Trump and Xi Jinping helped calm concerns surrounding tariffs, semiconductor restrictions, and growing geopolitical rivalry between the world’s two largest economies. Asian stock markets recorded moderate gains while technology shares recovered slightly following weeks of uncertainty.


Despite the improved market sentiment, international economists cautioned that the talks produced no major breakthrough agreements. Officials acknowledged that sensitive issues involving artificial intelligence, rare earth minerals, cybersecurity, and military influence in the Indo-Pacific region continue to create serious tension between Washington and Beijing.


Oil prices also remained volatile as ongoing instability in the Middle East continued affecting global energy markets. Investors remain concerned that wider regional conflicts could disrupt shipping routes and energy supplies, placing additional pressure on inflation and economic growth worldwide.


Financial analysts say businesses and governments are increasingly worried about supply chain vulnerability, particularly in sectors heavily dependent on semiconductor manufacturing and advanced technology exports. Major corporations are now accelerating efforts to diversify production networks and reduce dependence on single-country manufacturing systems.


Meanwhile, global investors are closely monitoring upcoming diplomatic meetings expected later this year, which may determine whether the two powers can stabilize economic relations or move toward further confrontation. Experts believe future negotiations will significantly influence global trade flows, currency markets, and long-term investment confidence.


Although markets reacted positively today, analysts warned that uncertainty surrounding US–China relations remains one of the biggest risks facing the global economy in 2026.

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