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Global Markets Reel as Wall Street Suffers Sharpest Fall Since Iran Conflict Began

Wall Street endured its steepest decline since the outbreak of the Iran war, as renewed uncertainty over diplomatic progress sent shockwaves through global markets. The S&P 500 plunged 1.7% , marking its worst day since January and extending a five‑week losing streak , the longest in nearly four years. The Dow Jones Industrial Average fell 469 points , while the Nasdaq dropped 2.4% , slipping more than 10% below its record high — a threshold investors label a correction .  The downturn followed conflicting signals about potential ceasefire negotiations. While U.S. officials suggested Iran was open to talks, Tehran publicly denied direct engagement and dismissed a U.S. proposal delivered via Pakistan. The resulting uncertainty pushed oil prices sharply higher , with Brent crude rising 4.8% to $101.89 , up from roughly $70 before the conflict. Global markets echoed the volatility, with major indexes across Asia and Europe also tumbling. Analysts warn that Iran’s tightening con...
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U.S. Launches Strategic Airstrikes on Houthi Strongholds in Yemen

The United States has conducted a series of airstrikes targeting Houthi strongholds in Yemen, including Saada province and the Red Sea port city of Hodeidah. These areas are believed to house key Houthi leaders and serve as critical military hubs. According to reports, over ten strikes were carried out, focusing on locations such as the Al-Safra district in Saada, which is known for its weapons storage and training facilities.

The strikes come amidst escalating tensions in the region, with the Iran-aligned Houthis resuming attacks on international shipping lanes in the Red Sea. The group has also claimed responsibility for targeting U.S. naval assets and Israeli air bases, although these claims remain unverified.

The U.S. has emphasized its commitment to countering threats in the region, warning of severe consequences for continued Houthi aggression. This development marks a significant escalation in the ongoing conflict, with both sides vowing to intensify their actions.


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