War between Israel & Palestine – Creating an Impact on the International economy, financial markets and India-Israel trade market

The outcome of the Israel-Hamas war which creates an impact on the international economy might also take time and become absolutely clear though will even get much more severe if conflict also spreads to the rest of Middle East, particularly Iran, which is quite a main oil producer as well as supporter of Hamas.

Moreover, international economy, even rattled through elevated through the inflation, is facing other level of geopolitical crisis in Middle East subsequent to surprise attack of the Hamas on Israel as well as sudden declaration of war by Israel.

The Palestinian militants has also fired above 5,000 rockets on Saturday, from Gaza Strip near Israel, which leads to 700 people killed as well as wounding many other, here worst kind of the attack on Israeli soil leads to the decades.

On the other hand, retaliation, for which Israel declared the war formally and also approved for “momentous military steps", since the military crushed the militants of Hamas in the southern towns as well as intensified their bombardment of Gaza Strip.

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