INTRO: Investors are assessing the situation in the Middle East after tensions escalated dramatically and sent shockwaves through global markets. Over the weekend, the US and Israel launched large-scale strikes inside Iran, aimed at crippling its military and missile capabilities, while also preventing it from advancing its nuclear program. Those strikes reportedly killed Iran's Supreme leader, Ayatollah Ali Khamenei, raising fears of a wider regional confrontation. Analysts say the immediate concern is around energy security after oil prices rose as much as 13 percent at the open to hit 82 dollars a barrel.

Mixo Mashimbye u burisanile na mutivi ikhonomi, Vince Ndobe

INTRO: Investors are assessing the situation in the Middle East after tensions escalated dramatically and sent shockwaves through global markets. Over the weekend, the US and Israel launched large-scale strikes inside Iran, aimed at crippling its military and missile capabilities, while also preventing it from advancing its nuclear program. Those strikes reportedly killed Iran's Supreme leader, Ayatollah Ali Khamenei, raising fears of a wider regional confrontation. Analysts say the immediate concern is around energy security after oil prices rose as much as 13 percent at the open to hit 82 dollars a barrel.
Mixo Mashimbye u burisanile na mutivi ikhonomi, Vince Ndobe

Munghana Lonene FM News and Current Affairs. Brought to you by SABC News.

Munghana Lonene FM News and Current Affairs. Brought to you by SABC News.