#IsraelIranConflict
✍️ General Situation:
The conflict between Israel and Iran has seen a notable escalation in recent days, amid mutual airstrikes and urgent diplomatic moves by global powers to de-escalate.
- Key Developments:
- Israel has intensified its attacks on sites belonging to the Iranian Revolutionary Guard in Syria, claiming to stop arms shipments to Hezbollah.
- Iran responded with limited missile strikes from its territory and through allied militias in Iraq and Yemen.
- Reports mention partial power outages in some Israeli areas due to potential cyberattacks.
- International Reactions:
- The United States has called for restraint,
- and sent naval reinforcements to the eastern Mediterranean.
- Russia and China called for an immediate ceasefire, warning of the conflict's expansion.
- Oil and gold prices have risen due to concerns over supply disruptions and the possibility of war escalation.
- Economic Impacts:
- Gold surpassed $2,480 per ounce.
- Oil jumped above $95 per barrel.
- Financial markets in the region are experiencing sharp fluctuations, with a decline in Tel Aviv indices and a rise in safe-haven assets.
✍️ The escalation between Israel and Iran is still in a "game of chicken" phase, but the danger lies in the conflict slipping into an open confrontation involving regional and international parties. Markets are watching cautiously, and diplomacy is trying to salvage what can be salvaged.
