In the past 48 hours, the Middle East has seen an unprecedented US airstrike on Iran with its most powerful non-nuclear weapons, an Iranian retaliatory strike on the largest US air base in the region,

Stock markets in the Middle East ended higher on Tuesday after U.S. President Donald Trump announced a ceasefire between Iran and Israel and shrugged off what he said were violations by both sides just hours later.

Fifty Israeli fighters violated Iraq’s airspace on their way to Iran, Baghdad’s representative to the United Nations, Abbas Kadhom Obaid Al-Fatlawi, said on Friday, noting that they came from border areas between neighboring Syria and Jordan.