According to Fitch data, the rating agency put Israel's "A +" issuer default rating on the negative watch list.。The agency said the inclusion of the negative rating watch reflects an increased risk of an expansion of Israel's current conflict, including a large-scale military confrontation with multiple players over a sustained period of time.。The agency also mentioned that a large-scale escalation of the conflict, in addition to human losses, could lead to significant additional military spending, damage to infrastructure, and changes in consumer and investment sentiment, leading to a significant deterioration in Israel's credit indicators.。