Israeli Broadcasting Authority citing sources, say Members of the Miniature Ministerial Council oppose the ceasefire in Lebanon, Al Jazeera reports

The reported opposition from Israel's Miniature Ministerial Council to a ceasefire in Lebanon underscores rising tensions in the region. This situation could lead to increased volatility in commodities like crude oil and gold, as geopolitical tensions often cause spikes in risk aversion and shifts in asset flows. Traders should monitor how this develops, as escalations may impact not only regional stability but also currency pairs like USD/ILS and WTI prices.