Trump, Middle East
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Middle East, Jets
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The USS Nimitz carrier strike group is heading to the Middle East, a U.S. official said, joining the USS Carl Vinson carrier strike group, which arrived in the region in April. The Vinson is set to return home after an overlap period of several days or weeks,
Escalating tensions between Israel and Iran will likely lead to increases in gas prices in Florida and across the nation. Florida gas prices are the lowest in a month, according to AAA - The Auto Club, but face upward pressure heading into this week.
Sterling was muted against the dollar on Monday ahead of a Bank of England meeting this week, with markets adopting a wait-and-see approach to rising geopolitical uncertainty, as a conflict between Israel and Iran showed no sign of abating.
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The confrontation with Tehran has forced a shift in the U.S. plan for a diplomatic deal in Iran and efforts to disentangle from region.
Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
Cyprus has received requests to assist in the evacuation of citizens of Portugal and Slovakia from the Middle East, Cypriot Foreign Minister Constantinos Kombos said on Monday.