Stocks Plummet as Oil Prices Surge After Israeli Strikes on Iran

Reported 2 days ago

Tensions escalated in the Middle East following Israeli airstrikes on Iran, causing U.S. stock futures to drop by 1.5% and oil prices to spike. Analysts suggest that the geopolitical crisis could lead to widespread volatility in the markets as investors react to the potential for conflict and threats to oil supply routes. Safe-haven currencies and defensive sectors are seeing increased demand, while equities may be poised for further declines.

Source: YAHOO

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