Israel is conducting a new raid on Beirut's southern suburbs
Newsquawk Staff ·
Israel is conducting a new raid on Beirut's southern suburbs.
What it means
The news of Israel conducting a new raid on Beirut's southern suburbs suggests an escalation in regional tensions, which could have significant implications for oil prices and broader market sentiment. Traders should watch for potential safe-haven flows into currencies like the USD and assets such as gold, as uncertainty can drive volatility in both equity markets and commodities. This situation may also heighten geopolitical risks in the region, impacting energy prices further due to concerns about supply disruptions.
Sources
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports
- Netanyahu’s Likud Party to be largest in Knesset, reports Channel 12 Exit Poll; no clear winner in Israeli election
- CRUDE WRAP: WTI (Z6) SETTLES USD 1.86 LOWER AT 99.90/BBL; BRENT (F7) SETTLES USD 1.33 LOWER AT 109.41/BBL
- Israeli PM Netanyahu requests extension of voting in the legislative elections until after 10pm
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