#IsraelIranConflict

๐Ÿšจ Israel-Iran Tensions Escalate: Global Markets on Edge ๐Ÿšจ

The intensifying conflict between Israel and Iran is sending shockwaves through global markets. Israelโ€™s recent strikes on Iranian military targets, followed by Iranโ€™s missile retaliation, have spiked oil prices, with Brent crude surging 7% to $74.23/barrel. The Strait of Hormuz, a critical chokepoint for 30% of global oil, is at risk, potentially doubling oil prices if disrupted.

Stock markets are reelingโ€”S&P 500 dropped 1.1%, Dow fell over 700 points, and crypto markets lost $140B, with Bitcoin hitting $102,822. Safe-haven assets like gold and the USD are rallying as investors brace for volatility. Crypto could see further dips if risk-off sentiment persists, but some view Bitcoin as a hedge against instability.

Geopolitical uncertainty may fuel inflation, delay rate cuts, and disrupt supply chains, impacting equities and commodities worldwide. Stay vigilant, diversify, and monitor developments closely