#IsraelIranConflict BREAKING 🚨

🇮🇷 Iran Hoists Symbolic Red Flag Over Jamkaran Mosque in Qom

In a rare and dramatic display, Iran has raised the red flag of revenge over the Jamkaran Mosque, a powerful symbol in Shiite tradition. This flag represents a call for justice and retaliation, typically seen during times of national grief and anger. The last major instance occurred after the 2020 assassination of General Qassem Soleimani. This recent act comes in response to the alleged assassination of Hamas leader Ismail Haniyeh in Tehran, which Iran blames on Israel. Iran’s Supreme Leader, Ayatollah Ali Khamenei, has promised a harsh response, declaring, “It is our obligation to seek revenge.” The flag, bearing the phrase "O ye avengers of Hussein," evokes the historic martyrdom of Imam Hussein, emphasizing Iran’s intent to retaliate.

Markets are reacting:

Bitcoin and Ethereum prices have dropped significantly.

Gold is on the rise as investors turn to safer assets.

The S&P 500 remains stable, but further developments could cause broader market shifts.