Post
Topic
Board Economics
Re: Global markets brace for fallout as Middle East tensions rise
by
Fortify
on 17/10/2023, 17:07:13 UTC
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

I think restraint will be shown, as there is a lot more damage that can be done among all the countries in the region and there will be no good outcome for any of them. What needs to happen is the hostages being released as only cowards target civilians in such a manner and it's going to end up much worse for Hamas in the long run if they think that is somehow a bargaining chip. If any of the hostages were to die, or even a lot of them, then the collective West will strongly back any attack by Israel. Mass murdering civilians on the street has really lowered Hamas' really shitty reputation already. If they want to fight, engage the military in battle - don't attack defenseless women and children.