Israel PM Netanyahu says military campaign against Iran is in full swing; extends buffer zone in Lebanon to remove threats

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Israel' PM Netanyahu reportedly ordered maximum effort to be made in the next 48 hours to destroy as much as possible of Iran's weapons industry, according to NYT citing sources

US reportedly working to arrange Iran talks in Pakistan this weekend, according to CNN: VP Vance may travel to Pakistan for the talks

Israel PM Netanyahu says military campaign against Iran is in full swing; extends buffer zone in Lebanon to remove threats

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Iranian Offiical to Press TV says US submitted a request for negotiations with Iran through multiple diplomatic channels, US put forward proposals but Iran considers them a ploy to escalate tensions; Iran rejected US proposal

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  • Disarming Hezbollah is a guiding objective.

Context

Israel's Prime Minister Netanyahu's statements indicate an escalation in military activity against Iran and Hezbollah, which may heighten regional tensions. This development could have significant implications for energy prices, particularly oil (WTI), given the geopolitical risks in the Middle East, and may lead to a stronger USD as investors seek safe-haven assets amid uncertainty.

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