Iran, China and Israel
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National security experts warn that Israel's attack on Iran shows why Chinese land and asset purchases in the U.S. pose a significant threat to American security.
Asia-Pacific markets rose Monday, as investors assessed escalating Israel-Iran tensions, while awaiting a slew of data from China. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with equity markets sliding globally. The attacks continued over the weekend.
China has issued advisories to its citizens in Israel and Iran of the "complex and severe" security situation in those countries on Friday, adding a warning to those in Israel to prepare for possible missile and drone attacks.
Israel and Iran have opened a new chapter in their long history of conflict. Israel launched a major attack with strikes early Friday that set off explosions in the Iranian capital of Tehran.
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one estimate.
Israeli emergency services have said at least two people were killed in the strikes and dozens of people are injured.
2don MSN
By The Associated Press Israel attacked Iran’s capital early Friday, with explosions booming across Tehran. The attack comes as tensions have reached new heights over Tehran’s rapidly
The military strikes jolted investors, raising concerns that a broader Mideast conflict would disrupt the world’s energy supplies.