Israel Chief of the Joint Chiefs of Staff of the Army said that Israel has not yet reached the "halfway point" of its operations against Iran, and senior military officials have not set any immediate timetable for the end of the war
Context
The remarks from Israel's Chief of the Joint Chiefs of Staff suggest a significant escalation in military operations against Iran, indicating that hostilities may last longer than previously anticipated. This uncertainty could weigh on risk sentiment and support safe-haven assets like the USD and gold, while potentially unsettling oil markets if supply concerns intensify.
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