Israeli Channel 12 estimates that the battle with Iran may continue for at least five additional weeks, Sky News Arabia reports
Newsquawk Staff ·
Israeli Channel 12 estimates that the battle with Iran may continue for at least five additional weeks, Sky News Arabia reports.
What it means
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.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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