Israeli Finance Minister Smotrich says "the State of Israel has no interest in joining the conflict between Iran and the US - the current situation is the best for us", Ynet reports
Newsquawk Staff ·
Israeli Finance Minister Smotrich says "the State of Israel has no interest in joining the conflict between Iran and the US - the current situation is the best for us", Ynet reports.
What it means
The Israeli Finance Minister's statement indicates a desire for stability amid rising tensions between the US and Iran, suggesting that Israel prefers to maintain its current position rather than escalate involvement. This could imply a degree of geopolitical calm which might support risk assets, but also highlights the fragility of the situation. Investors should watch for impacts on energy prices and regional currencies, especially as they relate to broader market sentiments.
Sources
- US President Trump on Iran, says may do it a little bit further
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- US President Trump called Musk and asked him to lift Ukraine Starlink (SPCX) restrictions, WSJ reports
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act
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