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Markets Rebound as Hopes for Iran–U.S. Dialogue Ease Geopolitical Tensions

U.S. stock futures edged higher on Wednesday as signs of potential diplomatic movement in the Iran–U.S. standoff helped calm volatile markets. Futures tied to the S&P 500 rose about 0.3%, the Nasdaq 100 gained 0.5%, and Dow Jones Industrial Average futures added 0.2% after a turbulent prior session.  The shift in sentiment followed reports that Iran has quietly approached the United States to discuss terms for ending the escalating conflict , a development that helped cool fears of further disruption in global energy markets. This diplomatic signal contributed to a rebound after Tuesday’s sharp sell-off, when concerns over widening conflict and rising oil prices rattled investors.  The conflict, now in its fifth day, has seen continued strikes and mounting casualties, adding to market unease. Iran is preparing for the funeral of Supreme Leader Ali Khamenei, killed in recent attacks, while regional tensions remain high.  Despite the ongoing uncertainty, Wednesda...
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Ukraine Claims Russian ICBM Strike on Dnipro

 

In a significant escalation of the ongoing conflict, Ukrainian military officials have claimed that Russia launched an intercontinental ballistic missile (ICBM) targeting the city of Dnipro. This marks the first reported use of such a missile in the war that began in February 2022.

According to Ukraine’s air force, the missile was launched from Russia’s Astrakhan region, which borders the Caspian Sea. The attack included a barrage of eight missiles, six of which were intercepted by Ukrainian defenses. The claim has not been independently verified, and a U.S. official suggested that the missile used was not an ICBM but a different type of ballistic missile

The strike comes amid heightened tensions following Ukraine’s recent use of U.S.-made ATACMS missiles against targets within Russia. The Kremlin has responded by updating its nuclear doctrine, lowering the threshold for a potential nuclear response.

The situation remains fluid, with international observers closely monitoring the developments for further escalation.


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