Discussion| Markets react as tension rise in the Middle East

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CAPE TOWN- Global markets plunged while oil prices surged on Tuesday following Iran's bombardment of Israel. 

WATCH| Discussion | Global impact of Middle East conflict

The move has raised concerns about a potential regional war nearly a year after the outbreak of conflict between Israel and Hamas in Gaza. 

Chief Economist at Citadel Global, Maarten Ackerman spoke eNCA.

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