#IsraelIranConflict

Serious escalation in the conflict between Israel and Iran – June 2025 ⚠️

In a surprising development, Israel launched a large-scale military operation against Iran on June 13, 2025, under the name "Lion of the Heights," targeting nuclear facilities, ballistic missiles, and military installations, resulting in the deaths of prominent military leaders, including General Amir Ali Hajizadeh, head of the missile program in the Iranian Revolutionary Guard.

In direct response, Iran launched more than 100 drones towards Israel, asserting that the Israeli attack is considered a "declaration of war." So far, none of the drones have been able to breach Israeli defenses.

📉 Global Economic Impacts:

Oil Prices: Global oil prices have risen significantly, with analyses predicting they could reach $150 per barrel if the escalation continues.

Global Economy: Estimates suggest that the escalation could reduce global GDP by about one trillion US dollars.

Supply Chains: The shipping sector is facing significant challenges, with rising insurance and transportation costs, and the potential disruption of shipping traffic through the Strait of Hormuz, which is a vital artery for energy supplies.