Israel and Iran both have little incentive to stop and no obvious route to outright victory. Much depends on President Trump.

Iran and Israel have launched a fresh wave of attacks on each other in a development that continues to raise fears of the wider region being plunged into a destabilising conflict. Iranian missiles struck Tel Aviv and the port city of Haifa shortly before dawn on Monday,

The IDF aerial superiority over Tehran after killing four Iranian intelligence officials and destroying one-third of Iran's missile launchers.

In many ways, it’s conceivable that Israel's Operation Rising Lion will alter the military balance of power in the Middle East more so than the 1991 Persian Gulf War.

The war between Israel and Iran is in its fourth day, with Israel striking at military sites and Iran's nuclear program and Iran firing missiles in retaliation

By Brijesh Patel (Reuters) -Gold rose for a fourth straight session to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict,

The president had opposed Israeli action against Iran but came to believe that Israel had reason to act and that the U.S. would have to lend some support.

Rising tensions with Iran and fears of an Israeli strike prompted the U.S. to move some of its nonmilitary personnel out of the region.

From the BBC World Service: There have been days of missile strikes between Israel and Iran, and oil markets are responding.

Jon Faust, who advised three Fed chairs, doesn’t see an interest-rate cut until December — an even then, the odds of a move are just 50/50.