Israeli military drive on a road in southern Israel, as rockets are launched from the Gaza Strip, outside Sderot October 7, 2023. REUTERS/Ammar Awad Acquire Licensing Rights
LONDON, Oct 9 (Reuters Breakingviews) – Another geopolitical hotspot has started flashing red. With companies and investors already keeping close tabs on the war in Ukraine and growing tension between the United States and China, an outbreak of deadly violence in Israel adds the danger of contagion across the Middle East. And it’s erupting just as the global economy is in a fragile position.
Attacks by Hamas fighters on Saturday that have killed at least 700 Israelis are a different order of magnitude to the various flashpoints between Israel’s military and Hamas-controlled Gaza in recent decades. They are also deeply destabilising. Israel’s missile and land defences had been thought impregnable; evidence…