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Netanyahu Says Israel Will Respond Forcefully to Any New Iranian Attack

Source
JH Kim

Summary

  • Israeli Prime Minister Benjamin Netanyahu said Israel would respond forcefully if Iran attacks the country again.
  • Markets are focused on the possibility that renewed Israel-Iran tensions could expand geopolitical risk in the Middle East.
  • A renewed military clash between the two countries could increase volatility in global oil prices and haven assets.

Forecast Trend Report by Period

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Israeli Prime Minister Benjamin Netanyahu said Israel would respond forcefully if Iran attacks the country again. Markets are watching for signs of renewed tensions between Israel and Iran.

Walter Bloomberg reported on June 8 that Netanyahu said, "If Iran attacks Israel again, we will respond with might."

The comment came as Israel and Iran have recently intensified their exchange of threats.

Iran had earlier criticized US pressure on Tehran and Israel's military operations in Lebanon, warning that US and Israeli assets in the region could become targets.

Israel's government, in turn, reaffirmed that it would respond firmly to any attack that threatens the country's security.

Markets are also weighing the risk that another military clash between the two countries could deepen geopolitical risks in the Middle East and increase volatility in global oil prices and haven assets.

Photo: Alejandro Munoz R/Shutterstock
Photo: Alejandro Munoz R/Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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