Global economy braces for impact as Israel-Hamas war deepens

The price of oil shot up and global markets fell in the wake of an unprecedented Hamas attack on Israeli civilians this weekend and retaliation from Israel in Gaza. Here's what to watch in the days and weeks ahead.

Global economy braces for impact as Israel-Hamas war deepens
Flames and smoke billow during Israeli strikes in Gaza.

The price of oil shot up and global markets fell in the wake of an unprecedented Hamas attack on Israeli civilians this weekend and retaliation from Israel in Gaza. Here's what to watch in the days and weeks ahead.