The European Central Bank will keep a flexible approach to monetary policy decisions against a backdrop in which the recent escalation of the conflict between Israel and Iran compounds risks from Washington's trade policy,

One of Israel’s most feared scenarios has long been that Iran would unleash an attack on it in coordination with its powerful network of proxy militias.

Despite stunning early successes in Israel’s unprecedented strikes on Iran, a weekend of intensive bombardment and retaliation is raising questions about Israel’s exit strategy – how it can end this conflict with its ambitious goals achieved.