Markets opened this week against the backdrop of a sharp escalation in tensions between the US, Israel and Iran over the weekend. Coordinated strikes targeted key Iranian military and nuclear-linked sites, including facilities associated with missile production and nuclear development, marking a significant step-up in direct confrontation.
Markets opened this week against the backdrop of a sharp escalation in tensions between the US, Israel and Iran over the weekend. Coordinated strikes targeted key Iranian military and nuclear-linked sites, including facilities associated with missile production and nuclear development, marking a significant step-up in direct confrontation.
Iran responded with long-range missile activity and a series of retaliatory strikes across the region, while Iranian-backed groups targeted US and allied interests across the Gulf.
The scale and reach of these developments have raised serious concerns about a broader regional spillover, particularly given the involvement of critical energy infrastructure and key global trade routes such as the Strait of Hormuz. Any disruption here has immediate implications for oil supply, global inflation and risk sentiment across financial markets.
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