White House: Iran attack was another example Iran's destabilizing behavior in the region.

<p>The geopolitical situation in Israel/Gaza along with the Russia Ukraine (and China/Taiwan), are risk events that could upset apple carts in 2024. </p><p>In Israel, risks come from Iran's involvement, supply shocks from the Houthi terrorism in the Red Sea, and the general escalation of hatred as a result of the polarizing war can bring about all sorts of implications – most not good. So far, the markets are taking it all in stride but the longer it goes on, the greater the chance for some market-related issues including sharply higher oil, higher inflation, lower stocks, etc. </p><p>The White House National Security adviser Sullivan is out with some comments. </p><ul><li>There have been too many civilian casualties in Gaza.</li><li>There will be a post-conflict Gaza; no reoccupation of Gaza.</li><li>The U.S. will not stop working toward a two-state solution.</li><li>We do not want to see an Iran with nuclear weapons.</li><li>The Iran attack was another example of Iran's destabilizing behavior in the region.</li><li>National Security Adviser Sullivan is meeting on Thursday with families of hostages being held by unspecified groups </li><li>Monitoring Iran-Pakistan clashes and do not want to see escalation.</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.