Iran, Israel
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Follow the latest news after Israel launched strikes at Iran, a dramatic escalation in long-running tensions between the two countries.
The Israeli military launched a massive attack on Iran on Friday in a dramatic escalation of their long-running conflict that drew early retaliation from Tehran and raised the risk of another war in the Middle East.
The opening of a new front in the conflict between Israel and Iran has brought geopolitical risk straight back into the foreign exchange calculus. After the Israeli strikes Friday morning, the dollar witnessed an element of the “flight-to-safety” characteristic traditionally associated with military escalation but as ING,
Israel’s attacks on Iran renewed fears of war between the countries and immediately threatened the region’s economy.
Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season heats up.
Israel launched Operation Rising Lion against Iran's nuclear facilities in the early hours of Friday morning, in what Israeli Prime Minister Benjamin Netanyahu said was "a targeted military operation to roll back the Iranian threat to Israel's very survival.
U.S. stock futures tumbled after Israel launched airstrikes against Iran. Israel’s defense minister Israel Katz declared a special state of emergency following the attack. Iran has launched retaliatory drone strikes on Israel.
Israel's attack on Iran raises oil prices, posing risks to India's economy with potential supply disruptions and increased export costs.
President Donald Trump warned Thursday of the possibility of “massive conflict” in the Middle East that could take place “soon.”
China was deeply concerned about the Israeli attacks on Iran and urged de-escalation for regional peace and stability, a Chinese foreign ministry spokesperson said on Friday. "China opposes any infringement upon Iran's sovereignty,