Iran, Israel and Middle East
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Iran launches at Israel, sirens in Tel Aviv and Jerusalem
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Trump warns Iran
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Sterling was muted against the dollar on Monday ahead of a Bank of England meeting this week, with markets adopting a wait-and-see approach to rising geopolitical uncertainty, as a conflict between Israel and Iran showed no sign of abating.
An analyst says US gas prices will start to rise this week and could jump 30 cents/gallon by July 4th due to the Israel-Iran conflict.
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Legit.ng on MSNMiddle East War: Trouble for Iran as US Raises Alarm Over Missile Attack on Its Embassy in Tel AvivIranian missiles damaged the US embassy in Tel Aviv, escalating tensions. Israel retaliated with strikes on Iran's energy sector, while both sides continued attacks.
Gold rose to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets.
The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.
As the Iran-Israel conflict intensifies, the U.S. deploys the USS Nimitz aircraft carrier along with support tankers to bolster military readiness.
Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to global economic uncertainty, as host Canada tries to avoid a clash with U.S. President Donald Trump.
The US State and Defense departments on Wednesday made efforts to arrange the departure of non-essential personnel from locations around the Middle East, according to US officials and sources familiar with the efforts.
President Donald Trump will travel to Alberta, Canada, later today to participate in the Group of Seven meeting amid a widening conflict between Israel and Iran and his ongoing trade war.