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You know what I mean action pay attention this is serious stuff tensions heating up in the middle -- take a look at this incredible video.
That is from the Israeli defense forces showing a precision missile strike which killed a senior Hamas leader in the Gaza Strip.
The Israeli -- and respond mystery series of missile attacks from Gaza into Israel.
With reaction let's bring in women crop Barclays senior geopolitical strategist.
Impact on energy supplies not much but should we worry about the spreading out into the middle asked a big.
Don't put it while market does -- potentially become a dispute that involves has -- up or potentially involves her a look on I mean Iran has given financial support to Hamas before.
And -- -- question it is is gonna become a multi front campaign but his ABC weakening or lessening of that relations absolutely in C has really driven a wedge between Iran and Hamas and also -- -- -- Hamas you have Iran and Hezbollah.
Backing the Assad government in Syria and Hamas siding with the opposition.
So the relationship was not nearly as strong as it was a couple years -- now.
Why now though it -- is -- all about the Israeli election coming up when he had 750.
Rockets fired from Gaza India Israel.
I think there was growing concern.
In those communities about the security threat.
But here it is close to election we -- four years -- close to an election or Hamas attacks provoke a ferocious Israeli response.
I think we should look at 2000 anchored how let's complain out.
In Bush Administration reaction though was pans off can you say that and can we expect the same thing from the Obama administration's going to be very important to want to in the Bush Administration has -- to -- that the Israeli government 2008.
You could handle the situation however -- -- and then the international community UN weighed in for a cease fire.
We haven't had a lot of statements come out of Washington about this that it had statements from grand and -- British government can be very interesting to see.
The statements that Obama makes -- that's how long do -- it.
Give any idea how long this let us and even though there might not be in -- supply disruption related to this conflict that we're seeing right now could you still see it show up in the price of oil even more than where it is today we spot prices -- about 1% yesterday I think that they -- -- as does it spreads no one knows how this all plays out.
In 2008 as -- four weeks look at the 2006.
Israel Hezbollah conflict again.
A relatively limited conflict in duration but you know people were concerned then that would spratt.
I don't think this -- spread.
But again with Syria are raging on -- now have potentially to major military campaigns in their region biggest worry though is is still wrong isn't it -- -- biggest story for -- while markets tell and that's from the wouldn't have to watch her out this year do we get some type of peace agreement.
With fear Ronnie and it ends -- -- threat.
And that's what the Obama administration very much wants but if we don't get that I think -- of decision points apartment when entertain.
We hold another year yeah it was great to see you say can OK certificates angling for having me anytime and you wanna come -- Just drop in -- -- the -- to Barclays -- by president.