Iran, War: Strikes Continue, Markets React, US Talks About Imminent Conclusion of Operation

Сергей Гармаш In the world
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The conflict that began after the attacks by the USA and Israel on February 28 has entered a new phase on March 9 and 10. Both sides continue to exchange strikes, affecting neighboring countries and energy markets, while Washington announces the possibility of a swift end to the military actions.

Appointment of a New Leader in Iran

The new wave of military actions coincided with the appointment of Mojtaba Khamenei, the son of the late Ali Khamenei, as the Supreme Leader of Iran. This decision was made against the backdrop of mass rallies in Tehran supporting the new leadership.
Iran, war: strikes continue, markets react, USA talks about the imminent end of the operation

A rally in support of the new Supreme Leader of Iran, Mojtaba Khamenei, in Tehran. Photo: Majid Asgaripour / WANA via Reuters.

Continuation of Attacks by the USA and Israel

Iran's Response Actions

Humanitarian Consequences of the Conflict

Completion of the Operation in Iran on the Horizon

Reaction of Oil Markets to the Conflict

The escalation of the conflict led to a sharp rise in Brent oil prices, which climbed above $110 per barrel, reaching peak levels around $118, although later the quotes slightly adjusted after news of a possible end to hostilities.

Economic Consequences for Neighboring Countries

In Turkmenistan, there is a rise in prices for goods due to disruptions in logistics and trade with Iran, which negatively affects the local economy.
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