Israel has plans to attack targets in Iran during the next six weeks, Sky News Arabia reports citing Israeli Channel 12 citing an Israeli official
Newsquawk Staff ·
Israel has plans to attack targets in Iran during the next six weeks, Sky News Arabia reports citing Israeli Channel 12 citing an Israeli official.
What it means
Israel's reported plans to attack targets in Iran could heighten geopolitical tensions in the region, which may spur volatility in energy and safe-haven markets. This escalation could lead to increased risk premiums in oil prices and might also affect currency flows, particularly towards the USD and JPY as investors seek safety. The potential ramifications could be significant across commodities and both emerging and developed market currencies, depending on how the situation evolves.
Sources
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects
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