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Oil traders – Israel placed on High Alert, indications suggesting imminent Iran attack

Oil futures markets are about to open.

The Israeli Air Force and Military Intelligence Directorate have been placed on High Alert.

This follows observations in Western Iran suggesting an imminent attack.

Assessments include:

  • Hezbollah will start
  • Iran will attack a few hours later

Rising tensions in the Middle East are supportive for oil prices at the margin.

This article was written by Eamonn Sheridan at www.forexlive.com.

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