Israeli army issues orders to evacuate areas in the southern suburbs of Beirut, Sky News Arabia reports
Newsquawk Staff ·
Israeli army issues orders to evacuate areas in the southern suburbs of Beirut, Sky News Arabia reports.
What it means
The Israeli army's orders to evacuate areas in southern Beirut signal a potentially escalatory development in the ongoing regional tensions. This could lead to increased uncertainty in markets, particularly in energy and safe-haven assets such as gold, while the USD may also see volatility against its peers as investors react to the heightened geopolitical risk.
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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