Insight

Iran Retaliates Against Israel Invasion, An All-Out War?

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Algo Research Team


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Key Summary:


  • Attacks risk a wider war in the Middle East
  • Israel and US are preparing for a response
  • Oil surged, fearing supply disruption

After invading Gaza and Lebanon that risk sparking a wider war in the Middle East, Israel was hit with around 200 retaliatory ballistic missiles from Iran last night.


Context: The strike was a counter measure by Iran after Israel carried devasting attacks on Lebanon, with the aim to destroy Hezbollah which killed its leader, Hassan Nasrallah, in Beirut last Friday.


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