Trump, Democrat and Middle East
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US aircraft carrier heads towards Middle East
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The dollar strengthened against the safe-haven yen and Swiss franc on Monday, but weakened against most major currencies, as investors monitored the fighting between Israel and Iran for signs it could escalate into a broader regional conflict and braced for a week packed with central bank meetings.
Escalating tensions between Israel and Iran will likely lead to increases in gas prices in Florida and across the nation. Florida gas prices are the lowest in a month, according to AAA - The Auto Club, but face upward pressure heading into this week.
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NICOSIA (Reuters) -Cyprus has received requests to assist in the evacuation of citizens of Portugal and Slovakia from the Middle East, Cypriot Foreign Minister Constantinos Kombos said on Monday.
The confrontation with Tehran has forced a shift in the U.S. plan for a diplomatic deal in Iran and efforts to disentangle from region.
Donald Trump declared that, “for the first time in a thousand years, the world will look at this region not as a place of turmoil and strife, and war and death, but as a land of opportunity and hope.”
Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
The U.S. military is also sending aircraft to the Middle East and Europe in case they are needed to support U.S. installations overseas.
Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, which has fuelled worries that it could widen and disrupt supply.