“War is Good for Business”: Defense Stocks Jump as Israel Puts Troops on “High Alert for an Attack”
The Israeli Defense Force says it has identified “unusual movements of Iranian forces in Syria” and has responded by ordering the opening of shelters along the Golan Heights – its border area with Syria – and ordering its troops to be on “heightened alert” for an attack.
According to Reuters, Israel has instructed local authorities in the border region to “unlock and ready [bomb] shelters”.
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#BREAKING: Israeli IDF says it has identified "unusual movements of Iranian forces in Syria", ordered the opening of Shelters in the Golan Heights and are saying: "We are on hightend alert, and forces are deployed & we are ready for all scenarios" (Video: @IDFSpokesperson) pic.twitter.com/zxwL222dRX
— Amichai Stein (@AmichaiStein1) May 8, 2018
The Israeli Air Force, which has conducted many of Israel’s attacks against Iranian forces in Syria, warned that “any aggression against Israel will be met with a severe response.”
The IDF has detected irregular Iranian activity in Syria and is preparing the civilian population on the Golan Heights accordingly, as well as defensive systems. Any aggression against Israel will be met with a severe response.
— Israeli Air Force (@IAFsite) May 8, 2018
The news arrived just minutes before President Donald Trump announced his decision to pull the US out of the Joint Comprehensive Plan of Action – otherwise known as the Iran deal. During the announcement, he referenced a presentation given by Israeli President Benjamin Netanyahu outlining Iran’s efforts to secretly build up a nuclear arms program. Critics of the presentation said that Netanyahu didn’t tell the international community anything new.
Shortly after Trump spoke, Netanyahu said the deal gave Iran billions of dollars to fund its efforts to spread terror across the region. Iran has long been criticized for its partnership with Lebanon’s Hezbollah and for funding militias in Syria and Iraq, as well as the Houthi rebels fighting the Saudi Arabia-backed establishment in Yemen.
Since the beginning of the Syrian Civil War seven years ago, Israeli forces have launched more than 100 attacks on Iranian forces working with the Syrian regime to fight off rebels and ISIS.
Last month, a senior Israeli military official admitted to the New York Times that an Israeli drone had killed 14 people, half of whom were Iranian, during an attack on Syria’s T4 air base, which is located about halfway between Palmyra and Homs.
Defense stocks are rallying as investors assume – correctly – that the risk of an all-out military conflict between longtime enemies Israel and Iran – a conflict that could push the world into World War III – has never been higher.
The news arrived just minutes before President Donald Trump announced his decision to pull the US out of the Joint Comprehensive Plan of Action – otherwise known as the Iran deal. During the announcement, he referenced a presentation given by Israeli President Benjamin Netanyahu outlining Iran’s efforts to secretly build up a nuclear arms program. Critics of the presentation said that Netanyahu didn’t tell the international community anything new.
Shortly after Trump spoke, Netanyahu said the deal gave Iran billions of dollars to fund its efforts to spread terror across the region. Iran has long been criticized for its partnership with Lebanon’s Hezbollah and for funding militias in Syria and Iraq, as well as the Houthi rebels fighting the Saudi Arabia-backed establishment in Yemen.
Since the beginning of the Syrian Civil War seven years ago, Israeli forces have launched more than 100 attacks on Iranian forces working with the Syrian regime to fight off rebels and ISIS.
Last month, a senior Israeli military official admitted to the New York Times that an Israeli drone had killed 14 people, half of whom were Iranian, during an attack on Syria’s T4 air base, which is located about halfway between Palmyra and Homs.
Defense stocks are rallying as investors assume – correctly – that the risk of an all-out military conflict between longtime enemies Israel and Iran – a conflict that could push the world into World War III – has never been higher.