ConflictHighConfirmedAccelerating
9.6
Iran and US exchange fire in first direct engagement in one month
Al-Monitor·IR · US·about 3 hours ago
Global equities fell as markets priced in further Fed rate hikes, while oil prices spiked following a US strike on Iran's Larak Island, escalating Middle East tensions. Investors now await US jobs data for direction, with the strike marking a significant escalation in the conflict and adding to supply-side inflation risks.
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