FILE PHOTO: The Fitch Ratings logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: The Fitch Ratings logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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Business & Economy

Fitch says Israel's current credit rating level can absorb impact of Israel-Iran conflict

(Reuters) -Fitch Ratings said on Monday that a spillover from the Israel-Iran conflict appears to be within a range that can be absorbed by Israel’s ‘A’/Negative rating level.

Fitch also said that it expects the risk premium in oil prices arising from the conflict to be contained within the $5-$10 range and that it does not expect the conflict to persist for more than a few weeks.

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(Reporting by Kanjyik Ghosh; Editing by Muralikumar Anantharaman)

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