Tensions between Iran and Israel escalated Saturday evening after studies emerged that Iran had launched an assault in opposition to Israel.

The Israeli Protection Forces (IDF) stated the assault concerned a drone launched from Iranian territory towards Israel. The affirmation of the assault has raised considerations about the potential for regional battle.

“We’re monitoring airspace threats that might take a number of hours to succeed in the territory of the State of Israel,” the IDF stated.

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The most recent hostilities come within the wake of heightened tensions between Iran and Israel, notably because the begin of the battle in Gaza in October.

Accusations and counter-accusations have escalated, with Iran blaming Israel for the April 1 assault on its consulate in Damascus.

Traders will likely be monitoring developments within the area very carefully given the potential for additional escalation and instability within the area.