What's Happening
The United States and Israel have initiated significant military operations against Iran, dubbed "Operation Epic Fury" by President Trump. The strikes targeted key Iranian military and leadership sites, reportedly obliterating Supreme Leader Khamenei's compound. This escalation follows accusations of Iranian aggression in the region.
Market Impact
Defense stocks are likely to see a boost as investors anticipate increased military spending. Oil prices may also rise due to potential disruptions in Middle Eastern supply chains.
Broader Implications
This military action could lead to broader regional instability, with European leaders already expressing concern over potential escalation. The strikes may further strain U.S.-Iran relations and affect global diplomatic dynamics.
