"Israeli army spokesperson: Our estimates are that the attack will continue for four or five weeks", Al Jazeera reports

"Israeli army spokesperson: Our estimates are that the attack will continue for four or five weeks", Al Jazeera reports.

The Israeli army's estimate that attacks will continue for four to five weeks signals a potential escalation in regional tensions. This prolonged conflict can impact oil prices, as geopolitical risks often drive energy markets, alongside broader implications for equities and safe-haven assets like gold. Traders should be mindful of volatility in related currencies, particularly the USD, JPY, and EUR, as the situation develops.