Israel and Iran bombarded each other for a third day, with international concern growing that the conflict will spread across one of the world’s key oil-producing regions.

After mulling such action for 16 years, Israel has launched air strikes on Iran’s nuclear facilities – a mission fraught with peril not just for the Jewish state, but for the broader Middle East.

In a series of posts on X over the weekend, Ackman laid out a detailed case for why the US should join Israel’s ongoing operations against Iran.

Israel’s attacks on Iran’s nuclear facilities risk pushing back the timeline for Federal Reserve interest-rate cuts as the US central bank waits to assess any potential impact on inflation, economists said.