Srinagar, March 18 -- The Jammu and Kashmir National Conference President Dr. Farooq Abdullah Wednesday voiced grave concern over the rapidly escalating conflict in West Asia, urging global powers to act with urgency and responsibility to prevent a deeper crisis that could destabilize the world order.

In his statement, Dr. Farooq appealed to world leaders to set aside differences and work collectively towards de-escalation. He warned that the ongoing conflict, particularly the intensifying hostilities involving Iran and US- Israel is already triggering severe disruptions in global energy supplies and financial stability. "The crisis has significantly impacted oil markets and trade routes, with the Strait of Hormuz through which a substan...