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Global Markets Rattle as Oil Spikes and U.S. Futures Sink Amid Escalating Middle East Conflict

  Markets are sliding as geopolitical tensions intensify, with U.S. stock futures turning sharply lower and oil prices surging above the $100 mark. Investors are reacting to escalating conflict in the Middle East, which is raising fears of disrupted energy supplies and renewed inflation pressures.  Market Overview Dow Jones futures fell roughly 0.8% , extending a multi‑day downturn. S&P 500 and Nasdaq futures each slipped about 0.6% , paring earlier, deeper losses.  The declines reflect mounting investor anxiety as geopolitical risks overshadow recent economic data. Oil Surges on Supply Fears Crude oil spiked above $100 per barrel before easing slightly. The surge followed Iran’s expanded attacks on energy infrastructure , prompting Iraq to close key oil terminals after tanker strikes.  Higher oil prices are stoking concerns about inflation , complicating expectations for future Federal Reserve policy. What’s Driving the Selloff The widening Mi...
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Rising Tensions: Iran Reportedly Planning Strike on Israel from Iraq

 

According to recent reports from Axios, Israeli intelligence has indicated that Iran is preparing to launch a significant retaliatory strike on Israel from Iraqi territory within the next few days. This development comes amidst escalating tensions between the two nations, following a series of tit-for-tat military actions.

The anticipated attack is expected to involve a large number of drones and ballistic missiles, potentially targeting strategic locations within Israel. Israeli sources suggest that Iran might be using pro-Iranian militias in Iraq to carry out the strike, possibly to avoid direct retaliation on Iranian soil.

This move is seen as a response to Israel’s recent airstrikes on Iranian military infrastructure, which were themselves a reaction to Iran’s earlier missile barrage against Israel. Iranian officials have vowed a “definitive and painful” response, with high-ranking sources indicating that the retaliation will be unlike any previous scenarios.

As the situation develops, the international community watches closely, hoping for a de-escalation of hostilities in the region.


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