A full-scale war in the Middle East is approaching the next step-commerzbank

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The conflict in the Middle East became more explosive from day to day: after the US withdrew the staff of the embassy from Iraq, and among the reports that Israel could attack Iran, military strikes were held last night, the FX Commererzbank analyst Michael Pfister notices.

A full -scale war appears in the Middle East

“According to initial media reports, the head of the Iranian revolutionary guard and several nuclear scientists were killed. The Israeli president emphasized that the attacks would continue until the threat was removed,” while Iran announced a edged reaction. The price of oil increased to 13%, while the currencies consider to be secure to havees, such as Swiss France and Japan, captured the land.

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“It cannot be said how the situation is developing in the coming days. Either way, it is a significant escalation that brings us closer to the war in the Middle East. Statements of officials also suggest that the attacks may not end yet.”

“Iran risks the loss of credibility if he does not defend himself against such attacks, while Israel may now feel encouraged to continue after crossing the threshold. Until the danger of further escalation passes, safe assets will probably remain sought after.”

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