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drone attack: Drone attack on US base in Jordan raises concerns of escalating conflict in the Middle East

A recent drone attack on a US base in Jordan, attributed to Iran-backed militias, raises concerns of escalating conflict in the Middle East. The Islamic Resistance in Iraq, a collective force of various militias, claimed responsibility. Motivated by opposition to US support for Israel, these groups aim to push American forces out of the region. Iran denies direct involvement, posing a dilemma for the Biden administration in crafting a response. The situations broader impact on the Middle East hi...
United States Joe Biden Sara Harmouch Group Behind The Attackislamic Resistance Aa Collective Us Response Dilemmabalancing Act For Biden Administration

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Gold firms as Middle East jitters outweigh US inflation data, Retail News, ET Retail

Gold Firms: Gold prices gained on Friday as fears of escalating conflict in the Middle East lifted the appeal of the safe-haven metal, despite stronger than expected US inflation data boosting the dollar and Treasury yields. Spot gold was up 0.5% at $2,038.19 per ounce at 0951 GMT, extending its run above the $2,000 level to nearly a month. US gold futures were up 1.2% to $2,042.90. A sudden widening of the war in Gaza is raising questions about how long stock markets can rally, and when central...
Israel General Middle East Gold Firms Middle East Crisis Inflation Data Safe Haven Metal

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