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Market
Economic Sanctions Resulting from Israeli-Egyptian Border Incident by End of 2024
4
Resolution / Starting Odds
Sanctions on Israel • 25%
Sanctions on Egypt • 25%
Sanctions on both • 25%
No sanctions • 25%
Official economic sanctions announcements from major global economies
Story
Israeli Forces Advance in Gaza; Clash with Egyptian Troops at Rafah Border Leaves Two Dead
May 27, 2024, 12:03 PM
Israeli forces have advanced along the Egyptian border in the Gaza Strip, taking control of areas in the south of Rafah, including the Saladin Gate. An incident occurred at the Rafah border crossing where Egyptian military forces opened fire on Israeli positions, resulting in casualties. Israeli media reported that the Israeli Defense Forces (IDF) fired warning shots, prompting the Egyptian forces to open fire. The incident led to the death of two Egyptian troops, as reported by Israeli newspaper Walla. Egyptian security forces opened fire on an Israeli truck, and Israeli soldiers responded with gunfire. The event is currently under military censorship in both Israel and Egypt, with Channels 13 and 14 deleting their reports on the incident.
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Sanctions imposed • 50%
No sanctions imposed • 50%
Condemnation of actions • 33%
Call for peace/restoration talks • 33%
No significant response • 34%
Condemnation from USA • 20%
Condemnation from EU • 20%
Support for Israel from USA • 20%
Support for Egypt from Arab League • 20%
No significant international reaction • 20%
No consequences • 33%
Economic sanctions • 33%
Diplomatic penalties • 33%
Airstrikes on Gaza • 33%
Ground operation in Gaza • 33%
Increase border security measures • 34%
Condemnation only • 25%
Economic sanctions • 25%
Military support to Israel • 25%
Negotiation/mediation efforts • 25%
Military escalation • 33%
Diplomatic dialogue • 33%
No significant action • 34%
Economic sanctions • 33%
Diplomatic negotiations • 33%
Military support or intervention • 34%