Instability in the Western Balkans "presents Russia with a win-win scenario", says FPRI analysis.
Israeli jets entered Turkish airspace. Erdogan hardly blinked.
The threat of escalating conflict between Israel and Iran has returned geopolitical risk to the heart of the global oil market. Yet according to Oxford Economics, the macroeconomic fallout – even in the most extreme case – may be mild.
The recent escalation in hostilities between Israel and Iran has signalled a shift from earlier, more calibrated exchanges to a broader and more sustained confrontation.
Commodity markets are focused on escalating geopolitical tensions between Israel and Iran, with the Middle Eastern conflict sparking a surge in oil prices.