U.S. and global tensions rise as B-52 bombers target Iran threats and Russia bolsters ties with Iran and North Korea.
Sectors & Industries
Biden Sends B-52 Bombers to Middle East In Show of Force to Iran
In what could be a deterrence tactic or a strategic move to respond swiftly should Iran strike at American assets or Israel again, President Biden ordered B-52s to the region. The planes are known for being able to fly over 8,000 mile distances and deliver large bombs. Placing them closer to Iran would speed up response times. The Iranian regime has been dialing up the rhetoric that they will respond to Israeli's recent retaliation against the 200-rockets Iran fired into Israel. Israeli intelligence has suggested that Iran is preparing to attack Israel from Iraq via its sponsored proxy groups with drones and missiles to avoid additional retaliation on Iranian soil.
Russia Closes in on Deal With Iran, Following Deal with North Korea
Russia and Iran are reportedly close to signing a treaty that will enhance their defensive cooperation and strengthen military ties. The new follows reports that North Korea has sent up to 10,000 troops to assist Russian efforts to take Ukraine. These collaborations by Putin are intended to increase Russia's power and influence while undermining U.S. influence and power. The U.S. has been supplying Ukraine with tens of billions of dollars worth of military equipment and weapons to hand a defeat to Putin, but has so far not allowed Ukraine to use its weapons to attacked Russian lands. The Biden administration stated that he would withdraw this caveat with Ukraine and enable a full scale attack on Russia if North Korean troops entered Ukrainian combat zones.
A report by the Wall Street Journal earlier this month found that Russia provided the Houthi terrorist group with satellite data to assist it in its attacks on Western ships in the Red Sea. Distracting the U.S. from Ukraine seems to be the major tactic of Putin in the Middle East. China has also offered support to Iran, its primary source of oil imports, setting up a dangerous situation where global powers could collide over the Middle East.
Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.