
The assassination of Hamas leader Ismail Haniyeh sent the price of oil higher on Wednesday over worries in the market that Israel’s war on the terrorist group in Gaza might spill over to the broader region.
Middle East experts fear the attack, carried out on Iranian soil while Haniyeh was a guest of the regime, would leave Tehran’s aging leader Ali Khamenei with little choice but to retaliate. It comes hours after an Israeli strike targeted a Hezbollah commander, another Iran-backed terror group believed behind the recent bombing of Druze children in the Golan Heights.