Clash with Iran boosts Netanyahu
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Iran, Israel escalate attacks
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It follows daytime attacks from both sides, with Israeli strikes in Tehran continuing and Iran firing more missiles towards Israel.
Oil climbed early Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.Brent crude rose as much as 5.5% in early Asian trading after Israel and Iran continued attacks on one another’s territories over the weekend.
As Israel intensifies its military campaign targeting Iran’s nuclear infrastructure, newly released footage shows extensive damage inflicted on key facilities in Tehran and beyond. The rising conflict has now also disrupted diplomatic efforts with the United States.
"The full strength and might of the U.S. Armed Forces will come down on you at levels never seen before," Trump warned.
The UK government is trying to walk a tightrope on relations with Israel, expressing support for its military action against Iran while also criticizing the war in Gaza.
The Nikkei 225 index was up around 0.8%, leading gains in the region. Brent crude rose as much as 5.5% in early trading
The "America First" president praised his foreign policy record on Sunday while urging a deal between Iran and Israel amid escalating strikes.
Trump and Putin spoke for about an hour on June 14, with the Kremlin saying the Russian leader condemned the Israeli military operation against Iran
Iran conflict could open opportunities for Russia to possibly become a power broker to help end the confrontation.
Israel has rejected Keir Starmer’s calls for “de-escalation” in its war with Iran. The prime minister spoke out as the conflict continued, with both sides continuing to bomb one another. Speaking en route to the G7 summit in Canada,