Quote from: Eternad on Today at 04:52:50 PM

Quote from: DT_MEMBER on Today at 04:25:26 PM

The Israeli-Hamas war has sharpened focus on rising geopolitical risks for financial markets, as investors wait to see if the conflict draws in other countries with the potential to drive up oil prices further and deal a fresh blow to the world economy.

Israel's Prime Minister Benjamin Netanyahu vowed on Sunday to "demolish Hamas" as his military prepared ground operations in Gaza to root out the militant group, whose deadly rampage through Israeli border towns stunned the nation.
Source

Israel and Hamas keeps fighting in the background for a long time and so Russia and Ukraine until now. Israel nor Hamas is not a major oil supplier of oil. Their tension too is not that massive since Israel is just dealing with the terrorist group that is now shielding against civilians. It’s a pretty one-sided war which is not that huge to create serious demand the world economy.

Unless big country will join to a proxy war then it’s really a one hell of a war that will shake the global economy.

You are right. I also think this war has little effect on the economy on a global scale. Even if some big players start a proxy war with each other in palestain there won't be much effect because they are not big exporters of any essential elements. The Russia-Ukraine war has massive effect on the global economy because Russia is a big player in the oil, mineral, and wheat export market. None of these are valid for israile and hamas wars.