#IsraelIranConflict Major Israeli strikes on Iran: Operation Rising Lion on June 13 involved ~200 aircraft hitting 100+ Iranian military and nuclear sites, reportedly killing top IRGC figures including Generals Bagheri and Salami newarab.com+15theaustralian.com.au+15moneycontrol.com+15moneycontrol.com+3thetimes.co.uk+3apnews.com+3.
Iran’s swift retaliation: Tehran launched over 100 drones toward Israel, many intercepted etnownews.com+2thetimes.co.uk+2apnews.com+2.
Global reaction: Airspace closures in Jordan, Iraq; international calls for restraint; no direct U.S. involvement but potential entanglement ris
Market & Commodity Impacts
Oil prices: Saw explosive jumps—Brent +6 % to ~$73.5, WTI +6.1 % to ~$72.2; at one point surged 10–14 % intraday; JPMorgan warns prices may hit $120–130 if escalation continues marketwatch.com+4ft.com+4wsj.com+4.
Safe-haven assets & equities: Gold rose (~$3,423/oz), S&P 500 futures down ~1.2 %; Asian markets, European equities, and U.S. futures declined sharply theglobaltreasurer.com+2ft.com+2theguardian.com+2.
Regional stocks: Australian energy and gold miners gained; meanwhile tech and airline shares dropped