Israeli Army says it has begun targeting infrastructure belonging to Hezbollah in Beirut

Context

The Israeli Army's targeting of Hezbollah infrastructure in Beirut signals a potential escalation in regional tensions, which could influence oil and gold prices due to heightened geopolitical risk. This development may lead to a flight to safety in assets like the USD and gold, while impacting energy markets, particularly WTI as supply concerns could arise. Traders should monitor cross-asset reactions as markets digest the implications of a potentially prolonged conflict.

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