Israeli army spokesperson says they expect Iran to escalate its missile attacks in the coming days, and we are ready to defend and attack.
- It can be said that we have succeeded in destroying all components of the Iranian military industries
- With every day that passes, we deepen our strikes against components of Iran's military industries
- We are intensifying our operations in Lebanon to remove threats and defend our towns in the north
Context
The comments from the Israeli army spokesperson suggest an escalation in tensions, particularly concerning Iran's missile capabilities. This development is likely to increase risk aversion in the markets, affecting safe havens like gold and the JPY, while possibly exerting upward pressure on oil prices as geopolitical risks heighten fears of supply disruption.
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