Israel is prepared for the possibility of a full-fledged war with Iran – TASS

TASS is reporting that Israel is prepared for the possibility of a full-fledged war with Iran according to Netanyahu’s office. Well, if that’s were to happen, then we could really see some ugly price action in the markets with oil prices surging to new highs.

The playbook in the past attacks was to buy safe havens and oil on rumors of a potential attack (and then the actual attack), and take profits on the retaliation as de-escalation followed suit.

This article was written by Giuseppe Dellamotta at www.forexlive.com.