Date first published: 27/08/2024

Key sectors: all

Key risks: war; regional escalation

Risk development

On 31 July Hamas political chief Ismail Haniyeh was killed in a suspected Israeli operation in Tehran, while he was attending the inauguration of new Iranian President Masoud Pezeshkian. The attack caused a significant escalation of regional tensions. Both Tehran and Hamas have vowed to retaliate, with Iran’s Islamic Revolutionary Guards Corps (IRGC) stating that Tel Aviv would receive “severe punishment at the appropriate time, place and manner.” Similarly, Israeli Prime Minister Benjamin Netanyahu pledged a forceful response to any attack on Israel.

 

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