A version of this essay was published by rediff.com at https://www.rediff.com/news/column/rajeev-srinivasan-hamas-war-is-an-immediate-setback-to-india/20231017.htm It can be argued on several grounds that the 2023 Israel-Hamas war is a point of inflection indicating the general eclipse of the West, and in fact I have done so in an essay. What is unclear is how the end of this era will play out in the medium term and the long term.  The best analogy I can think of is the assassination of Archduke Ferdinand of Austria by a Serbian nationalist in 1914 or so, and how that set in motion a chain of events that, among other things, ended the European and Ottoman empires over the next forty or fifty years, and more immediately caused the so-called Great War, now re-framed as World War I. Chaos theory at work: as the saying goes, the flapping of a butterfly’s wings in Brazil setting off a tornado in Texas. There is the obvious concern that the Israel-Hamas war could set off World War III, especially given that there are many nuclear weapons in the possession of the belligerents and their friends. Iran has recovered from the debacle of the Stuxnet computer worm that caused their Uranium-enrichment centrifuges to blow up (in what was then lauded as an unacknowledged triumph of American and Israeli cloak-and-dagger and technical know-how).  Then there is Pakistan and its rapidly growing arsenal, no doubt helped along by screwdriver assembly of Chinese components, and perhaps knocked-down kits. Pakistan is one of the most vocal supporters of Palestine as an Ummah cause, which is ironic considering that Pakistani soldiers (and maybe irregulars) seconded to Jordan in 1970 during the Black September uprising may have been responsible for the deaths of thousands of Palestinians.  The specter of an encompassing World War III is sobering, and just as the crumbling League of Nations was unable to fend off earlier editions of world wars, the toothless United Nations is now unlikely to be able to prevent a new one. It hasn't been able to prevent all the smaller conflicts, such as the Ukraine war, and it is obvious that major powers simply don't care about the UN's exertions and bloviations. Therefore, one of the biggest fears is that the Hamas attack might seed a larger conflagration.  Of immediate concern, though, is that a nascent process of normalization in West Asia may now grind to a halt. This can have global consequences. It is likely that the earlier edition of the Arab-Israeli conflict, the Yom Kippur War of 1973, led directly to the Arab oil embargo followed by the shock of their quadruplication of oil prices. This caused inflation in the US, but more seriously, it precipitated a massive transfer of wealth from developing countries, which set them back by decades, compounding human misery. There are thus unforeseen consequences to what happens in West Asia, which, barring some miracle, will continue to dominate energy supplies for the next couple of decades, even if the most optimistic Green initiatives come to fruition. Things are obviously different from 1973, with West Asians (especially Saudi Arabia) much more self-confident, immensely richer, and also cognizant of the fact that their oil/gas bonanzas will run out sooner or later. They need to diversify their economies, and possibly make some new friends, other than those who are dazzled by their petro-dollars. It is this realization that led to the landmark Abraham Accords, whereby several Arab nations normalized their relations with Israel. The general expectation has been that Saudi Arabia would follow suit, and Mohammed bin Salman has been signaling that he is willing to do this (but also, in his own national interest, willing to embrace China and the proposed BRICS+ currency, both of which would be setbacks for the US and the collective West). The biggest geopolitical casualty of the Hamas war is that this normalization will be put on hold.   Saudi Arabia simply canno