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Israel Says It Has Launched Large-Scale Airstrikes on Iran…With About 2,000 Projectiles Fired From Lebanon in Parallel

Source
Minseung Kang

Summary

  • Israel said it has launched large-scale airstrikes targeting Iran, while attacks from Lebanon continued, heightening tensions in the Middle East.
  • Markets are focusing on the possibility that the military clash could spread across the region.
  • Analysts say energy supply disruptions, rising international oil prices, and increasing inflationary pressures could stoke volatility in global financial markets.

Forecast Trend Report by Period

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Photo = Shutterstock
Photo = Shutterstock

Israel announced that it has begun large-scale airstrikes targeting Iran. At the same time, attacks originating from Lebanon have continued, rapidly escalating tensions across the Middle East.

According to BlockBeats, a media outlet specializing in virtual assets (cryptocurrency), the Israel Defense Forces (IDF) said on the 17th that it had started large-scale airstrikes against Iran.

Earlier, Israel’s foreign minister signaled a hard-line stance, saying, “The future of the Iranian regime is for the Iranian people to decide.” Around the same time, reports said that roughly 2,000 artillery shells and drone attacks were launched from Lebanon toward Israel.

Markets are watching the possibility that the military clash could spread across the Middle East. In particular, analysts say that if concerns over disruptions to energy supply grow, higher international oil prices and rising inflationary pressures could fuel volatility in global financial markets.

So far, the scale of damage from the airstrikes and Iran’s official response have not been confirmed.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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