Iran, Israel and Oil prices
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Trump moves US personnel from Middle East
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In the face of Israel’s far-reaching strikes Friday, it’s not clear that Iran – its longtime foe – has the capacity to muster the furious response that might be expected.
US shifts military resources in Middle East in response to Israel strikes and possible Iran retaliation, officials say.
Israel attacked Tehran early Friday and killed many of the country’s top military leaders and scientists. The United States said it was not involved in the strikes.
The strike comes after President Donald Trump said the U.S. was "fairly close" to reaching a nuclear deal with Iran.
German Foreign Minister Johann Wadephul had to change his trip in the Middle East, dropping a stop in Israel, after the country launched a barrage of strikes across Iran earlier on Friday.
Global air traffic has been disrupted following Israel’s strikes on Iran Friday, with several major airlines suspending flights to and from locations in the Middle East and rerouting their planes to avoid much of the region’s airspace.
Before the opening bell earlier today, LMT stock shot up more than 4% as Israel launched an operation targeting Iran’s nuclear program. Adding to concerns of a global conflagration, Israeli Prime Minister Benjamin Netanyahu stated that military actions “will continue for as many days as it takes to remove this threat.”
Investors had two reactions to Israel's broad attack on Iran late Thursday: They sold stocks broadly and bought crude oil and gold. Futures trading suggests the Standard & Poor's 500 Index will open down 52 points.