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Sunil Kotak

29th Mar · SEBI-Registered Analyst

Houthis joining Iran in fight against US, Israel? Group claims first missile attack against Israel since war began

Houthis joining Iran in fight against US, Israel? Group claims first missile attack against Israel since war began Israel's military on Saturday reported the first missile launch from Yemen since the war with Iran began, a day after Tehran-backed Houthis warned that it would join the war if US-Israeli attacks continued against Iran. The Israeli Defence Forces (IDF) "identified the launch of a missile from Yemen toward Israeli territory," news agency AFP reported citing a military statement issued early on Saturday, adding that Israel's air defences were working to intercept it. There were no immediate reports of damage or casualties. The missile launch from Yemen was the first announced by Israel since Tel Aviv and Washington carried out join strikes against Iran on February 28, sparking a region-wide conflict that has now hit the one-month mark. Hours after the Israel detected the missile launch, the Houthis claimed responsibility for the attack, saying that it was in response to Israel's continued targeting of infrastructure in Iran, Lebanon, Iraq, and Palestinian territories. This can fire up crude oil again and now it is possible that the Crude may cross 120$ as well. This can also have a negative impact on the market, and we may open gap down tomorrow on nifty. Stock which will in focus will be

ONGC
All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24

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