Stocks Decline and Oil Prices Soar Following Israeli Strikes on Iran

Reported 1 day ago

World stock markets experienced a decline while oil prices surged as Israel conducted military strikes on Iran, leading to increased demand for safe havens like gold and the dollar. In response to the attacks, Iran launched missiles at Israel, escalating tensions in the region. The price of Brent crude oil jumped over 13% before settling at $74.23 per barrel. Meanwhile, major stock indices fell, with the Dow Jones down 1.8% and the S&P 500 down 1.1%. Investors are also preparing for potential protests across U.S. cities amid rising concerns related to immigration issues.

Source: YAHOO

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