White House officials reportedly argue it would be best if Israel makes the first move regarding striking Iran, according to POLITICO
Newsquawk Staff ·
White House officials reportedly argue it would be best if Israel makes the first move regarding striking Iran, according to POLITICO.
What it means
The White House's suggestion for Israel to strike first against Iran introduces heightened geopolitical risks, potentially spiking volatility in energy markets and affecting USD and safe-haven assets. This stance could lead to a turbulent sentiment shift, particularly for commodities like WTI, as fears of escalation arise. Traders should watch for possible market reactions in FX and energy sectors, as tensions could lead to supply concerns and price spikes.
Sources
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- 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
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