📉 Markets Slide Amid Israel-Iran Escalation 📈

The Dow Jones fell 1.79% Friday as tensions between Israel and Iran intensified. Israel struck Iranian nuclear/missile sites, prompting retaliation — rattling global markets.

🛢️ Oil soared:

$ Brent jumped +7%, briefly hitting +14% overnight

$ WTI crude neared $74

$ 🛡️ Defense stocks (Lockheed, RTX) up ~3%

🔒 Investors fled to safe havens:

$ Gold rose 1.4% to $3,432/oz, near April highs

$ Risk assets tumbled:

  • S&P 500: -1.13%
• Nasdaq: -1.30%

📌 What it means for crypto?

Geopolitical fear often fuels volatility — will Bitcoin and stablecoins become digital safe havens or risk assets under pressure?

#CryptoNewss #Geopolitics #oil #bitcoin