Israel Responds to Iran's Missile Attack

This is a Iran news story, published by CNBC, that relates primarily to Hassan Nasrallah news.

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Iranian strikes

CNBC

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As Netanyahu vows Iran payback, markets watch for dangers of further escalation

Summary

Nutrition label

69% Informative

As much as 4% of global oil supply is at risk as oil infrastructure in Iran — one of OPEC 's largest producers — could become a target for Israel .

Defense stocks are rallying, and long-subdued oil prices may also be set for increases.

Iran launched roughly 180 ballistic missiles at several sites across Israel , an attack Tehran said came in response to the Israeli assassination of Hezbollah chief Hassan Nasrallah the week prior.

Some market watchers are warning oil could hit $ 100 per barrel.

Sara Vakhshouri : "There are plenty of facilities on [the] Iranian side and also [on the ] Israeli side that could all be targeted in terms of critical infrastructure" The extent and duration of any market impact "depends on where the destruction would be and how much oil is going to be taken off the market," she said.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful