New Delhi, March 11 -- Former National Security Advisor (NSA) MK Narayanan on Wednesday warned that the ongoing conflict involving the United States, Israel, and Iran could escalate into a serious crisis, with far-reaching implications for the global economy and security.

Speaking to ANI on the situation, Narayanan said the conflict could escalate, with an uncertain duration. Iran may suffer the most, but the world could face economic and other impacts.

"It has the potential to become a much more serious conflict. It is difficult to predict how a conflict will turn out. Since the United States is now playing a lead role in this conflict, I don't know how long it could last. Iran has been known for years to be willing to fight to the las...