Tel Aviv, March 4 -- Escalating tensions involving Israel, the US and Iran are negatively affecting the trade and investment climate in Israel and across the Middle East, while placing additional strain on global supply chains, according to Vietnamese Trade Counsellor in Israel Le Thai Hoa.

Speaking to a Vietnam News Agency (VNA) correspondent in Tel Aviv, Hoa said the increasingly complex and expanding conflict has pushed the security and political situation in Israel and several countries in the region into a state of instability. Some nations have closed their airspace and declared a state of emergency, while many airlines have suspended flights to and from Israel. Although seaports remain operational, their capacity has been signific...