In response to Iran's recognition of Israel, the Arab League is condemning Iran and implementing a comprehensive sanctions regime against Iran.
OPEC is suspending Iranian membership in the organization. Further, OPEC has stated they will increase production of oil. In response worldwide oil futures dropped from $120/barrel to $75/barrel
Iranian opposition movements gather in Tehran. Initial reports of over one million protesters. Violent clashes with security forces are reported.
Hamas launches rocket strikes on Israel. Claims responsibility for seven suicide attacks in Tel Aviv, Haifa, and Jerusalem.
Hezbollah launches rockets into northern Israel. Hezbollah also released a press statement condemning the Iranian recognition of Israel. Hezbollah vows to attack heretical Iranian leadership in Tehran.
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