US moving fighter jets to Middle East
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Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.
A rare daytime missile barrage on Tel Aviv forces millions into shelters as Israeli forces retaliate against Iran's missile-launching capabilities.
A resolution by Senator Tim Kaine of Virginia would require congressional approval before U.S. troops could engage in hostilities against Iran. He said Americans don’t want another “forever war.”
By Amanda Cooper LONDON (Reuters) -Stocks fell, while oil and gold rose on Tuesday, as fighting between Israel and Iran entered a fifth day, making investors nervous over the risk of the conflict widening in a week packed with key central bank decisions.
In a separate report on the outlook to 2030, the IEA forecast that oil supply would continue to outstrip demand over the next five years. Global oil demand is expected to increase by 2.5mn b/d between 2024 and 2030, reaching “a plateau” of 105.5mn by the end of the decade.
President Donald Trump signaled Monday that the ongoing conflict between Israel and Iran was intensifying rapidly, announcing he would return to Washington a day early from the Group of 7 summit in Canada to monitor developments after issuing an ominous warning to Iranians to “immediately evacuate” their capital city.
The president unexpectedly departed the G7 summit in Canada and said he was turning his attention to the escalating conflict in the Middle East. The Morning Joe panel discusses.
The U.S. military has moved a large number of refueling aircraft to Europe to provide options to President Donald Trump as Middle East tensions erupt into conflict between Iran and Israel, two U.S. officials told Reuters on Monday,