Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
- Late Saturday, the United States carried out precise attacks on Iran’s key nuclear facilities located in Natanz, Isfahan, and Fordow.
- These strikes followed Israel's air attacks on June 13 amid concerns Iran was close to developing nuclear weapons, escalating a week-long Iran-Israel conflict.
- The attacks involved B-2 stealth bombers and Tomahawk missiles, drew condemnation from Iran's foreign minister calling them "outrageous," and provoked missile retaliation by Iran against Israel.
- President Trump hailed the strikes as a "spectacular military success" obliterating Iran's key nuclear enrichment facilities and warned Iran to choose peace or face further precise military actions.
- The strikes have intensified tensions in the Middle East, raised concerns about rising oil prices and instability in financial markets, and driven greater interest in safe haven bonds amid global economic uncertainty.
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Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A US attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.
·New York, United States
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Total News Sources71
Leaning Left10Leaning Right16Center12Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 26%
C 32%
R 42%
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