
Iran fired a massive wave of missiles at Israel on Tuesday, prompting Israeli officials to issue an ominous threat to Teheran regarding its willingness to retaliate. As the whole world braces for the possibility of further escalation, the first global effects started to sprout as the launches rattled US and European traders, sparked a sell-off on most markets and affected the oil market.
The incident is also poised to have consequences for the U.S. elections, as both candidates vie for angles to attack their opponent and, at the same time, campaign in favor of their vision on the country's foreign affairs.