Iran, Israel and Oil
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Sen. Chris Murphy (D., Conn.), who sits on the Senate Foreign Relations Committee, said Israel’s attack on Iran was intended to thwart the Trump administration’s negotiations with Iran, and risks a regional war.
Israel's attack on Iran raises questions like whether the US will get involved, how Iran will respond, and if a wider conflict may be triggered.
Follow the latest news after Israel launched strikes at Iran, a dramatic escalation in long-running tensions between the two countries.
Even if Iran does not close the Strait of Hormuz in response to Israel’s attacks, much of the maritime shipping industry may stay away given the risks.
Israel's strike on Iran spurred an immediate risk-off move across markets as stocks tumbled and gold surged.
The retaliatory strikes came after Israel attacked Iran, killing top military leaders and scientists. The assault destroyed an aboveground nuclear enrichment plant near Natanz, the head of the U.N. nuclear watchdog agency said.
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,