Israel launched a large-scale aerial operation at dawn today targeting deep inside Iranian territory, focusing on nuclear facilities and strategic military sites, including Natanz and missile development centers. The operation, involving about 200 fighter jets and precision missiles, resulted in the deaths of several senior Revolutionary Guard leaders and nuclear scientists, along with violent explosions in the vicinity of the capital Tehran. In response, Iran fired more than 100 drones towards targets inside Israel, but Israeli air defenses managed to intercept them before they entered the airspace. Sirens sounded in neighboring countries such as Jordan, while several countries closed their airspace for fear of the confrontation expanding. The Iranian leader issued escalatory statements threatening a harsh response, raising concerns of a worsening situation in the coming hours. Internationally, warnings have increased about the region slipping into a wider conflict that could involve regional and international parties, amid widespread condemnation from some Islamic and Asian countries. Many flights have also been suspended, and signs of a humanitarian crisis have begun to emerge in some border areas.
Impact of the war on the currency market:
These developments led to a state of panic in the markets, with oil prices sharply rising and cryptocurrencies experiencing significant volatility amid increased demand for safe assets and a decline in risk appetite.