#IsraelIranConflict
The **Israel-Iran conflict** is shaking global markets, impacting various sectors:
### ๐ฅ **Market Impact**
- **Oil Prices Surge**: Brent crude jumped **over 6%**, nearing **$75 per barrel**, due to concerns over supply disruptions.
- **Stock Market Volatility**: Major indices, including **Sensex and Nifty 50**, saw sharp declines, with Nifty dropping **1.7%**.
- **Safe-Haven Assets Rise**: Gold prices climbed **1%**, reaching a near two-month high of **$3,420 per ounce**, as investors seek stability.
- **Currency Fluctuations**: The **Indian rupee weakened**, reflecting concerns over rising import costs due to oil price hikes.
### โก **Whatโs Next?**
- If tensions **escalate**, expect **higher inflation**, increased **market uncertainty**, and potential **supply chain disruptions**.
- If diplomacy **eases the situation**, markets may **stabilize**, but oil prices could remain elevated.
The conflictโs **duration and intensity** will determine its long-term effects on global trade and investments. ๐ Want insights on how to navigate this volatility? ๐ฅ