Israeli Channel 12 estimates that the battle with Iran may continue for at least five additional weeks, Sky News Arabia reports

Context

The extension of the conflict between Israel and Iran adds uncertainty to the region, which could amplify volatility in oil and gold markets, as traders may seek safe-haven assets amid heightened geopolitical tensions. As the situation unfolds, currencies with exposure to risk sentiment, like the USD and EUR, may be influenced, potentially impacting broader forex trading strategies and commodity prices.

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