How is the Iran war acting as a roadblock for India's largest IPO?

Reliance Industries' plan to sell shares in Jio Platforms in what could be India's largest IPO has hit roadblocks amid the West Asia war, Bloomberg reported. Reliance has slowed IPO preparations as it reviews the deal's structure over a downturn in Indian stocks, accelerated capital flight and slowed decision-making by some of Jio's stockholders. A valuation concern is another issue.