The Dow Jones Industrial Average has already lost more than 1000 points, with the largest losses observed in European and Asian markets, which are more vulnerable to changes in energy supplies from the Middle East compared to the U.S.
Brent crude oil prices have reached over $85 per barrel for the first time since mid-2024. In Europe, the price of natural gas temporarily rose by nearly 40%, which is linked to threats from the Islamic Revolutionary Guard Corps to close the Strait of Hormuz.
Concerns about a potential rise in inflation contributed to an increase in the yield of 10-year U.S. Treasury bonds to 4.1%.
Military actions by Israel and the U.S. against Iran began on February 28, when numerous air and missile strikes were launched against Iranian cities and military facilities. In response, Tehran attacked Israel and American bases in several countries in the region. In the first hours of the conflict, several high-ranking Iranian officials and military personnel were killed. U.S. President Donald Trump announced the start of a military operation called "Epic Fury," making a corresponding statement.
As a result of the attacks, the Supreme Leader of Iran, Ayatollah Ali Khamenei, was killed, along with about ten high-profile Iranian officials. The new Supreme Leader of Iran is the son of the slain Ayatollah, Mojtaba Khamenei.
Tensions in the region continue.
