In a major escalation of tensions in the Middle East, Iran has officially withdrawn from nuclear negotiations with the United States. The move comes in response to Israelโs recent military operation, Operation Rising Lion, which targeted key components of Iranโs nuclear infrastructure. The strikes reportedly resulted in the deaths of several senior Iranian military officials and nuclear scientists.
Iranian officials have labeled the Israeli strikes as an act of war and announced the immediate suspension of all nuclear-related dialogue with Washington.
Market Reactions:
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S&P 500 ETF (SPY): $603.75, up 0.36%
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The increase in gold prices signals a shift toward safe-haven assets amid growing geopolitical uncertainty.
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