Israel on high alert in anticipation of a possible renewed war this weekend, according to Al Arabiya citing Channel 13

Israel's heightened alert due to potential renewed conflict could have significant implications for market sentiment, particularly in the energy sector and currency markets. If tensions escalate, we may see a flight to safe-haven assets like gold and possibly the USD, alongside volatility in oil prices due to supply concerns. Traders should stay vigilant about how this situation unfolds and its cross-asset ramifications.