White House national security adviser Jake Sullivan spoke last week about how quiet the Middle East is.
The Middle East region today is quieter than it has been for two decades.
But it's no longer the case now, as Hamas launched a large-scale offensive against Israel from Gaza at dawn on October 7, which was so much more than any other attack in decades, that the Zionist entity declared war and that hasn't happened 50 years ago and the October victory of 1973.
It was an incredibly coordinated attack by land, sea, and air that Israel's intelligence did not fully anticipate. It remains unclear what happened and its repercussions, but Israel's declaration of war against Hamas was not an exaggeration.
Hamas fired more than 3,000 rockets in less than 24 hours, beyond the imagination. They did not know that resistance could be so effective. So far, nearly 1,000 Israelis and nearly 3,000 wounded have been killed, in addition to the dozens estimated by the Zionist entity.
In general, Israeli-Palestinian conflicts do not affect world markets, but the scope of this is now very large and has great potential for spreading outside the Gaza Strip, and certainly, markets have noted this, especially safe-haven assets such as gold, which opened to a price gap higher today along with goods that could be affected, such as oil, as well as the US dollar.
The shekel also fell to its lowest level since 2016 against the U.S. dollar.
