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Senior Israeli Defence official says that Lebanon's Hezbollah and Iran carried out a joint missile attack on northern Israel, first coordinated attack since start of war

Newsquawk Staff ·

Senior Israeli Defence official says that Lebanon's Hezbollah and Iran carried out a joint missile attack on northern Israel, first coordinated attack since start of war.

What it means

The recent missile attack coordinated by Hezbollah and Iran marks a significant escalation in tensions, representing the first of its kind since the start of the ongoing conflict. This could potentially lead to broader regional instability, influencing asset classes such as oil and gold, while also impacting currency flows, particularly related to safe havens like the USD and JPY.

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