Global equities and oil prices were stable following Iran’s missile and drone attack on Israel, but analysts warn that the calm may not last.

What’s Benjamin Netanyahu’s next move? Israel’s prime minister, center, is under intense international pressure not to retaliate after Iran’s missile and drone attack.Agence France-Presse, via Israeli Prime Minister OfficeAn uneasy calm

Investors are breathing a sigh of relief on Monday. Global stocks are in the green and oil prices have retreated from last week’s gains after Iran’s unprecedented drone and missile attack on Israel was mostly neutralized in the skies. But the calm could be short lived, as world leaders and markets focus on Israel’s response.

Military clashes don’t always sink the markets, as was the case when Hamas attacked Israel in October and Israel retaliated. But many on Wall Street fear the economic impact from hostilities

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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