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Markets Reel as Iran War’s Fourth Day Unfolds in Smoke and Blood
Graves are being prepared for the victims following an Israeli strike on a school in Minab, Iran.
Explosions continued to tear through Tehran and Beirut on the fourth day of the escalating U.S.–Israeli conflict with Iran, leaving cities shrouded in smoke and civilians scrambling for safety. Strikes hit key sites including a police station in Tehran and areas linked to Hezbollah in Beirut, deepening the humanitarian toll as Iran reported hundreds of casualties.
Global financial markets slid sharply as investors reacted to the growing likelihood of prolonged disruption to energy supplies, with oil price spikes fueling fears of broader inflation. The deepening conflict has already rattled global air transport and intensified volatility across major stock indices.
On the ground, residents jammed highways in attempts to flee targeted areas, while images of debris-strewn streets and damaged hospitals underscored the scale of destruction. Israeli and U.S. strikes on Tehran’s Motahari Hospital and other urban centers added to the rising civilian toll, pushing the death count close to 800.
As both sides exchange fire—including Iranian drone attacks on U.S. diplomatic sites in the region—the conflict shows no immediate signs of easing. Analysts warn that continued escalation could deepen global economic instability and further strain already fragile geopolitical alliances.
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