Israeli army reportedly plans to continue its operations in Iran for at least an additional week to two weeks, Sky News Arabia reports
Newsquawk Staff ·
Israeli army reportedly plans to continue its operations in Iran for at least an additional week to two weeks, Sky News Arabia reports.
What it means
The Israeli army's decision to extend operations in Iran may heighten regional tensions, which could prompt reactions in energy and safe-haven asset prices. Given the potential for escalation, we could see increases in oil, gold, and a flight to the USD and other safe currencies, impacting both forex and commodities markets. Traders should monitor developments closely, as this situation has implications for broader market sentiment.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- 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
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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