Israel marks 3 years since October 7 attack that sparked war in Gaza

Israel marked the third anniversary of a devastating attack by Hamas on October 7, 2023, that sparked a war in Gaza. This event will be a major focus in upcoming elections, with the country's deadliest day being a central issue. The anniversary is significant for markets and trade, as tensions between Israel and Hamas can impact global oil prices and disrupt international trade routes, particularly in the Middle East region. As a result, investors may be cautious and adjust their portfolios accordingly, anticipating potential market volatility.

Why it matters

The anniversary of the October 7 attack has led to new strikes on Gaza, indicating increased tensions. This escalation may lead to further violence and instability in the region.

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