Sissi urges de-escalation as Israel attacks Gaza, Lebanon

Israeli airstrikes in the Gaza Strip and Lebanon have caused significant damage and injury, with at least nine people wounded in Gaza. This escalation in violence is a concern for global markets, as it can lead to increased instability in the region and potentially disrupt trade. The situation in the Middle East has historically had a significant impact on oil prices, which in turn can affect the global economy.

Why it matters

The Israeli airstrikes on Gaza and Lebanon are escalating tensions in the region. This could lead to further violence and instability, affecting investor sentiment and market confidence.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Related coverage

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• Israel-Hamas war: Tracking the Gaza ceasefire Associated Press · 2026-07-23

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