Israel is expected to gradually re-open its airspace, starting the evening of March 2nd
Newsquawk Staff ·
Israel is expected to gradually re-open its airspace, starting the evening of March 2nd.
What it means
The reopening of Israel's airspace may signal a de-escalation in regional tensions, which could stabilize markets and reduce risk aversion. This is particularly relevant for energy prices and safe-haven assets like gold and the USD, as it could lead to increased economic activity and lower premiums on risk. Watch for currency reactions and shifts in commodity prices as this development unfolds.
- 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
- US and Israel have reportedly prepared plans to resume joint attacks on Iran after the US midterm elections to avoid potential economic and electoral consequences, Lebanese newspaper Nidaa al-Watan reports, citing a Western diplomatic source
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued
- Iranian Foreign Minister Araghchi says that the destructive consequences of any military adventurism provoked by Israel in the Persian Gulf region for international markets remain a serious concern for gas exporting and gas consuming countries
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 12
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