#IsraelIranConflict

The Israel-Iran conflict has intensified, causing market volatility and concerns over global economic stability. Recent Israeli airstrikes on Iranian nuclear sites and military leaders prompted retaliatory drone strikes from Tehran. This escalation has led investors to seek safe-haven assets like gold, which rose 1% in futures trading, nearing its record high of $3,509.90. Oil prices also surged, potentially heading towards $90-$100 per barrel if the conflict broadens. Stocks fell, with oil stocks like APA Corp and Occidental Petroleum gaining, while defense stocks like Lockheed Martin and Northrop Grumman climbed .