What happened
At least 13 people, including several children, were killed in Israeli strikes on Gaza, according to Palestinian officials. The attacks targeted Gaza City, Khan Younis and Deir el-Balah and marked the second consecutive night of Israeli military operations.
Why it matters for the market
The strikes came days after Hamas accepted a disarmament plan tied to President Trump's Board of Peace. The Israeli military said it was hitting military operatives and reported killing two Hamas commanders, one from the elite Nukbha force and one from the Maghazi Battalion, along with another militant from the Jabalia Battalion in a separate attack.
Israeli Energy Minister Eli Cohen said no agreement had been reached to halt attacks on Gaza and suggested Israel could require full control of the territory if Hamas does not disarm. Far-right National Security Minister Itamar Ben Gvir dismissed the draft plan as unacceptable.
The broader ceasefire framework, including a 20-point plan and a 15-point roadmap, has not yet been implemented. The roadmap calls for inventorying and storing heavy weapons and tunnels, with a Palestinian National Committee, still based in Cairo, expected to manage the process.
What traders should watch
More than 1,100 Palestinians have been killed since a truce took effect last October, and satellite imagery has shown extensive destruction in areas under Israeli control. The renewed violence injects fresh geopolitical risk, which could influence risk sentiment in global markets, including crypto, as traders adjust to heightened uncertainty.
