Israel’s Netanyahu says war with Iran, Hezbollah isn’t over after Tehran says it’s halting strikes
Israeli Prime Minister Benjamin Netanyahu said the war against Iran and its Lebanon-based proxy Hezbollah “has not yet ended,” though he insisted both are weaker than ever, CNBC reported on Monday.
His remarks came after Iran’s military said it has ceased strikes against Israel. However, Iran’s central military command warned that if Israel continued to attack, including in southern Lebanon, “much harsher and more crushing actions than before will be on the way.
US President Donald Trump said in a Truth Social post earlier Monday that, despite the latest outbreak of violence, both Israel and Iran “are looking to do an immediate CEASEFIRE!”
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.36% on the day at $89.77.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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