Trump says 14 missiles fired, 13 intercepted; 1 allowed due to non-threatening trajectory.

Trump says 14 missiles fired, 13 intercepted; 1 allowed due to non-threatening trajectory.

The ongoing conflict between Israel and Iran has reached a critical juncture, with significant implications for global markets and geopolitical stability. As news of Israel's bombing of the notorious Evin prison in Tehran broke, Israeli Economy Minister Nir Barkat emphasized the alignment between US President Trump and Israeli Prime Minister Netanyahu in their actions against Iran [1].

The escalation began with Israel launching a series of strikes against Iran's nuclear and military sites, with the country's prime minister, Benjamin Netanyahu, stating that Iran's nuclear capability posed a "clear and present danger" [2]. Iran responded with a wave of missile attacks, vowing to "inflict heavy blows" [3]. The exchange of attacks has continued, with both sides trading fire and causing significant destruction and loss of life.

The immediate impact of these attacks has been felt in the Middle East, with emergency services in Israel's Bat Yam launching rescue efforts following an Iranian strike [4]. The BBC reports that Israeli authorities have indicated this could be the beginning of a prolonged campaign against Iran [5].

The global financial markets are closely watching this conflict, as it has the potential to disrupt oil supplies and affect energy prices. Iran is a significant player in the global oil market, and any disruption to its oil production or exports could lead to volatility in oil prices. Additionally, the conflict could exacerbate regional tensions, potentially impacting trade routes and supply chains.

Investors are advised to stay informed about the latest developments in the conflict and assess the potential impact on their portfolios. The situation remains fluid, and the outcome of the conflict could have far-reaching consequences for global markets.

References:
[1] https://www.bbc.com/news/videos/c3en18eq435o
[2] https://www.bbc.com/news/videos/c3en18eq435o
[3] https://www.bbc.com/news/videos/c3en18eq435o
[4] https://www.bbc.com/news/videos/c3en18eq435o
[5] https://www.bbc.com/news/videos/c3en18eq435o