Some believe the Middle East instability could continue till September, even if the war shifts to a lower intensity, Axios reports citing admin officials and officials in allied countries
Newsquawk Staff ·
Some believe the Middle East instability could continue till September, even if the war shifts to a lower intensity, Axios reports citing admin officials and officials in allied countries.
What it means
The potential for continued instability in the Middle East until September suggests a longer-term impact on regional dynamics, which may keep oil prices elevated and risk sentiment cautious. If tensions remain high or fluctuate in intensity, this could also influence safe-haven assets like gold, while complicating policy decisions for central banks responding to inflation pressures linked to energy prices.
Sources
- Netanyahu’s Likud Party to be largest in Knesset, reports Channel 12 Exit Poll; no clear winner in Israeli election
- US and Russia are discussing potential postwar business deals, including JV for US oil majors off Sakhalin and resumed sales via the Druzhba pipeline, as part of wider talks to end the war in Ukraine, reports FT citing sources
- Iranian President Pezeshkian, at a meeting with Russian President Putin, says there is no point in hoping for the US to resolve problems in the Middle East
- Russian Foreign Minister Lavrov says the Ukraine conflict is likely to continue and will likely escalate. Leaders of Finland and Norway raised no new proposals.
- Saudi fighter jets attack Bab al-Mandab, reports Tasnim
Related headlines
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- Iran's Supreme Leader calls for proposals outlining acceptable conditions to end the war12 hours ago
- Arab sources report several explosions were heard in Saudi cities of Jeddah and Yanbu, while Saudi Civil Defense says the danger has now passed in Jeddah and Yanbu27 min ago
- Israel's Channel 13 reports that PM Netanyahu's bloc is currently tied with the opposition camp32 min ago
- Saudi Civil Defense issues emergency early warning for Jeddah and Yanbu governorates39 min ago
- Palestinian sources report heavy Israeli naval gunfire off the Gaza coast, according to Al-Masirah48 min ago
- Iran's Foreign Minister held a call with Jordanian counterpart and they discussed efforts to end the escalation in the region and reach a sustainable ceasefire agreement between the US and Iran1 hour ago
- Iranian source denies report of a Trump-backed plan being delivered via Pakistan's army chief, says this is completely false and no new proposal was presented to Iran1 hour ago
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats2 hours ago
- Jordanian and Syrian foreign ministers agree to form a joint security committee to investigate details of recent Jordanian strikes on Islamic State sites in Syria2 hours ago
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports3 hours ago
- US President Trump suggests Venezuela could become a US state; reiterates oil is flowing out of the Strait of Hormuz3 hours ago
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- News sources report an explosion near the Mawwaq Al-Sulti base in Jordan, reports Fars6 hours ago