Channel 12 citing sources says the Israeli army is providing the U.S. army with intelligence information related to a potential operation in the Strait of Hormuz

This headline suggests increased military collaboration between Israel and the U.S.

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Channel 12 citing sources says the Israeli army is providing the U.S. army with intelligence information related to a potential operation in the Strait of Hormuz

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  • Close to achieving the war's objectives.
  • The Israeli army is providing the U.S. army with intelligence information related to energy facilities in Iran
  • Netanyahu is seeking to convince the US administration not to stop the war now and to continue it until the end.
Context

regarding operations in the Strait of Hormuz, a critical chokepoint for global oil supply. If tensions escalate, watch for potential spikes in oil and gold prices as well as corresponding reactions in safe-haven currencies like the JPY and CHF. This development may signal a more persistent geopolitical risk backdrop, which could weigh on risk sentiment and lift demand for hedges.

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