Israel-Iran conflict intensifies
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Financial markets are set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.
The summit had originally intended to deal primarily with the Ukraine war but has changed its agenda with the beginning of Operation Rising Lion.
Israel's attack on Iran raises questions like whether the US will get involved, how Iran will respond, and if a wider conflict may be triggered.
Israel’s attacks on Iran’s nuclear facilities risk pushing back the timeline for Federal Reserve interest-rate cuts as the US central bank waits to assess any potential impact on inflation, economists said.
Sen. Chris Murphy (D., Conn.), who sits on the Senate Foreign Relations Committee, said Israel’s attack on Iran was intended to thwart the Trump administration’s negotiations with Iran, and risks a regional war.
Amidst the escalating Israel-Iran conflict, a think tank urges the Indian government to urgently assess energy risks and diversify crude oil sources. The tensions threaten India's trade routes and commercial interests,
Israel’s attack on the Iranian nuclear program and its ballistic missile sites threatens to spark wider fighting in the Middle East that risks drawing in the US, according to Bloomberg Economics.
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