Israel pledges Iran will pay the price as the attacks continue for the fourth day

On Monday, the Jewish state defense minister warned, warning the Minister of Defense in the Jewish state on Monday, as the markets prepared for the fourth day of the escalating conflict between regional powers, warning that Tehran would “suppose the price” because of his new attack against Israel against Israel.

Fire exchanges have continued since the Israeli attack on Friday against Iran, with the Iranian media Reporting Tehran’s latest strikes, Tel Aviv, Jerusalem and Haifa, hit the home of a major refinery. CNBC contacted the Bazan operator to comment on the state of operations in the Haifa Factory, Central Reports One of the damage to the energy infrastructure in Israel is.

The Iranian revolutionary goalkeeper said overnight that it had published “innovative methods” “that the multi -layer defense systems of the enemy have been disrupted, to the point that the Zionist air defense systems participating in targeting each other,” according to a statement obtained by NBC News.

Israel has widely relied on its high efficiency Railways missile defense system To support attacks throughout regional conflicts – but even exhaustion can be launched if a large number of projectiles are launched.

The new hostilities are an introduction to investors, who were wearing the possibilities of more escalation in the conflict and indirect effects to the broader Middle East, amid concerns about raw supplies and the main charging corridor through the Strait of Hermoz, which connects the Persian Gulf and the Gulf of Oman.

Oil prices retained the gains of the last days at 09:19 am London time, ICE Brent Futures was trading with August delivery at $ 73.81 a barrel, a decrease of 0.57 % from the previous trading session. The NYMEX WTI contract with the expiration of July $ 72.7 per barrel was 0.38 % less.

Elsewhere, the markets showed preliminary signs to ignore the latest hostilities early on Monday.

The instant prices of the main safe assets fell early in the morning, a decrease of 0.42 % to 3,417.83 dollars an ounce almost Early two years in the session, with the decrease in gold futures in the United States by 0.65 % to $ 3,430.5

Tel Aviv’s sharing indicators indicated up, as the blue TA-35 increased by 0.99 % and the broader TA-125 by 1.33 %.

European stock markets The upper Monday openedAnd at the same time, and Futures in the United States They were also in green.

Luis Costa, the global head of sovereign credit at City Group, indicates that the silent reaction can be partly attributed to the hopes of a rapid solution to the conflict.

He told “Early Europe” from CNBC on Monday: “It is clear that the markets are, as you know, taking into account all potential scenarios. There are likely to be very bad scenarios in this story,” he told CNBC on Monday. “But there is still a way to go out in terms of, as you know, faster accuracy and bring Iran to the table, or a short continuation here, for a very intense and intense strike by the Israeli army.”

Tehran was accused of targeting civilians in Israel to prevent the Israeli defense forces from “continuing the attack that collapses its capabilities.” Social media update “The residents of Tehran will pay the price, and soon.”

He explained in Google at a later time to update “The residents of Tehran will have to pay the price of the dictatorship and evacuate their homes from the areas that will be necessary to attack the goals of the regime and the security infrastructure in Tehran.”

The Israel Defense Army on Sunday He said In turn, “I completed a wide wave of strikes on many weapons production sites belonging to the Jerusalem power, IRGC and the Iranian army, in Tehran.”

CNBC could not independently verify developments on the ground.

The United States is now responding to focusing, given its close support and providing weapons to Israel, what is unexpected cancellation Among the latest nuclear deal in Washington, he spoke with Iran, and President Donald Trump’s difficult stance historically against Tehran during his first term.

Trump, who pushes Iran for an agreement on its nuclear program, has formed the conflict, opposing an Israeli proposal to kill the Iranian Supreme Leader, Ayatollah Ali Khameneini, according to NBC News.

Discussions on the conflict are expected to take place during the continuous meeting of the G7, and the packaging of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, along with the European Union.

– CNBC of CNBC contributed to this report.