#MarketRebound
š„ #MarketRebound / Geo-Edition: IsraelāIran Flash Update
šļø Ceaseāfire Brokered
President Trump announced a phased, 24āhour ceasefire effective June 24, brokered by Qatarāthough Iranās leadership hasnāt officially confirmed it yet
š„ Immediate Breach
Israel and Iran each accused the other of violations mere hours in. Iran allegedly fired missiles at Israeli territory (including Beersheba), killing at least four; Israel launched retaliatory airstrikes on Tehran and other sites
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š„ Civilian Toll & Infrastructure Damage
Soroka Medical Center in Beersheba was hit on June 19āinjuring around 50 and precipitating a major evacuation. In Iran, residential buildings, hospitals, and the Evin prison (Tehran) took heavy damage
šŗšø U.S. & Global Reactions
Iran struck AlāÆUdeid Air Base in Qatarāno U.S. casualties reported thanks to advanced warning. With both nations blaming each other, Qatar, France, UN officials, Turkey, Egypt, Saudi Arabia, and others are pushing for immediate deāescalation
ā½ Market Relief
Oil prices dropped ~3ā5% amid reduced StraitāofāHormuz disruption fears and hopes for a pause in fighting