Hundreds of civilians were reportedly killed in Lebanon after an Israeli strike despite a Middle East ceasefire, with Iran condemning the attack and Israel asserting Iran-backed Hezbollah in Lebanon are not covered by the deal. The incident raises escalation risk, likely prompting risk-off flows, upward pressure on oil and safe-haven assets, and increased volatility across regional and emerging markets.
Hundreds of civilians were reportedly killed in Lebanon after an Israeli strike despite a Middle East ceasefire, with Iran condemning the attack and Israel asserting Iran-backed Hezbollah in Lebanon are not covered by the deal. The incident raises escalation risk, likely prompting risk-off flows, upward pressure on oil and safe-haven assets, and increased volatility across regional and emerging markets.
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