Investors are treading water as they wait for Israel’s response to the largely failed strike. But shareholders need to start thinking through two scenarios.
That is the key question investors need to consider as they try to work out the market impacts of heightened tensions in the Middle East following’sAccording to Helima Croft, a former CIA analyst who is now a commodity analyst at RBC, the Biden Administration has lobbied Israeli prime minister Benjamin Netanyahu to claim a victory from the Iranian attack, recognising it inflicted almost no damage and was met with a coordinated...
Further to this point, Segal has little truck with suggestions that Iran had no intentions of inflicting much damage or casualties from the attack, and forewarned Israel and allies. “But I fear this Israeli government, Netanyahu propped up by such far-right parties, all desperate to look strong and reestablish their security credentials after their failures that led to the success of the Hamas attack in October, may take a more blunt and direct approach.”Oil prices, which had jumped 18 per cent since February to just over $US90 a barrel on signs that recovering economic growth had tightened the balance between supply and demand, are tracking sideways at present.
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