#update
The recent military strike by Israel on Iranian territory has triggered a swift and sharp market response. Oil prices surged between 8–12 %, with Brent and WTI climbing toward $75–$77/barrel amid fears of supply disruption near the Strait of Hormuz . Equity markets entered risk‑off mode: U.S. stock futures dropped ~1.5 %, Asian indexes fell 1–1.8 %, and Israel’s TA‑35 slumped over 2 % . Safe-haven assets rallied—gold rose ~1–1.5 %, while the U.S. dollar, yen, Swiss franc, and U.S. Treasuries saw gains .
Cryptocurrencies also retreated: Bitcoin dropped ~2–3 %, and Ether more than 5 % . Investors appear wary, reallocating toward defensive sectors like energy, utilities, bonds, and precious metals .
While historical trends suggest such geopolitical shocks tend to be short-lived, markets may continue experiencing heightened volatility in oil, currency, and equity markets until the conflict de‑escalates .
