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Israel-Hamas war: Oil prices & defense stocks surge on war fears
71075542 easonlai
joined discussion · Oct 26, 2024 15:44

Middle East situation

Israel finally retaliates against Iran.
But this is just a restrained retaliation.
The main targets are military factories and other essential facilities.

Not the nuclear power plants and oil & gas facilities prevented by the President of the usa.
Israel also declared an end to the retaliation.

While the statement from the Iranian air defense forces said,
Some locations suffered limited damage.
If Iran does not retaliate,
then this battle will be considered over.

I also believe that Iran will not retaliate anymore.
So the crude oil price can then return to calm.
Israel finally strikes back against Iran. But this is just a restrained counterattack. The main targets are military factories and other essential facilities.  The nuclear power plants and oil & gas facilities were not blocked by the President of the usa. Israel also declared an end to the counterattack.  While the statement from the Iranian air defense force claimed that, Some locations suffered limited damage. If Iran does not retaliate. Then this battle can be considered over.  I also believe Iran will not retaliate anymore. So the crude oil price can now return to calm.
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