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    MarketForces Africa » Foreign » EU chief diplomat warns of danger of escalation in Middle East

    EU chief diplomat warns of danger of escalation in Middle East

    Julius AlagbeBy Julius AlagbeFebruary 3, 2024Updated:October 14, 2025 Foreign No Comments2 Mins Read
    EU chief diplomat warns of danger of escalation in Middle East
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    EU chief diplomat warns of danger of escalation in Middle East

    The European Union’s foreign policy chief Josep Borrell has warned of a further escalation of tensions in the Middle East at an informal meeting on Saturday after U.S. retaliatory strikes on pro-Iranian militias in Iraq and Syria.

    “The Middle East is a boiler that can explode. And certainly, there are attacks both on the Lebanon border; north and south; there are attacks in Syria; there are attacks in Iraq, attacks in the Red Sea,” Borrell said.

    He was referring to U.S. retaliation for attacks in the region by the Houthis and other Iranian-backed militias on targets believed to support Israel’s war in Gaza, including U.S. military targets.

    “That is why we decided on this naval mission and that is why we call everybody to try to avoid an escalation,” he said on the sidelines of an informal meeting of EU foreign ministers in Brussels.

    He was referring to the military operation agreed to secure commercial shipping in the Red Sea aiming to halt attacks on ships by militant Islamist Houthis from Yemen in solidarity with Gaza.

    Borrell called on all parties to try and avoid an escalation, in comments coming days after a deadly attack by pro-Iranian militias on U.S. soldiers in Jordan.

    In response, the U.S. Air Force attacked dozens of targets in Iran and Syria during the night, including command centres, intelligence sites, and weapons depots that are said to have been used by Iran’s Islamic Revolutionary Guard Corps (IRGC) and associated militias, according to officials. #EU chief diplomat warns of danger of escalation in Middle East#

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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