Israel is on high alert amid fears of an potential direct attack from Iran over the next few hours in retaliation for an earlier strike that resulted in the deaths of seven Iranian military personnel, CBS reports. The US has also issued a travel advisory for Israel, citing the potential for Iranian attacks and concerns over the possible escalation of the conflict in Gaza. This is expected to have an impact on oil and gold prices, both of which have strengthened during the European session. This article was written by Gina Constantin at www.forexlive.com.
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