Middle East on edge
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In many ways, it’s conceivable that Israel's Operation Rising Lion will alter the military balance of power in the Middle East more so than the 1991 Persian Gulf War.
Attacks force shift in U.S. plan for diplomatic deal in Iran and efforts to disentangle from region.
Iran conflict could open opportunities for Russia to possibly become a power broker to help end the confrontation.
The Israel Defense Forces said the air force had launched strikes against missile sites in central Iran, as the Middle East conflict entered a fourth day.
It’s too soon to tell how exactly the current wave of Israeli strikes could transform the region, but one thing is clear: Israel’s actions have fundamentally reshaped the security landscape of the Middle East.
India's equity benchmarks are set to open little changed on Monday after two straight sessions of losses, as the conflict between Israel and Iran showed no signs of cooling, denting risk sentiment.
"The full strength and might of the U.S. Armed Forces will come down on you at levels never seen before," Trump warned.
The U.S. was represented at the UN Security Council's emergency session on Friday by State Department Senior Bureau Official McCoy Pitt, who said the U.S. was advised by Israel that the actions carried out against Iran overnight were "necessary for its self-defense."
It's often more important in times of heightened tensions in the Middle East to look more at what is not happening, rather than fixating on the dramatic headlines of tit-for-tat air and missile strikes between Israel and Iran.
Rising tensions with Iran and fears of an Israeli strike prompted the U.S. to move some of its nonmilitary personnel out of the region.
Israel decimated the group’s leadership last fall and degraded its military capabilities. Can the same strategy work against a far more powerful foe?
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Jon Faust, who advised three Fed chairs, doesn’t see an interest-rate cut until December — an even then, the odds of a move are just 50/50.