Middle East equities surge after U.S. strike on Iran's nuclear facilities, causing potential market panic.

From Yahoo Finance: 2025-06-22 13:08:00

Middle East equities soared on Sunday amid hopes that a U.S. attack on three Iranian nuclear facilities would expedite a resolution to the conflict. Investors braced for a flight to safety as President Trump declared the sites obliterated and sustained severe damage. Markets are expected to react sharply on Monday, with analysts predicting a rush to safe havens like Treasurys and gold.

Cryptocurrencies signaled a rough start to Monday, with Bitcoin dropping over 2% and Ethereum tumbling more than 8% on Sunday morning. Despite the potential panic, some analysts see a buying opportunity, noting that the U.S. strike has removed a major threat to the region, presenting a positive outlook for the market.

Middle East equities rallied on Sunday, with the Tel Aviv Stock Exchange 35 Index gaining 1.5% and the Egyptian EGX 30 rising 2.7%. However, oil prices are expected to surge as crude futures begin trading on U.S. exchanges, depending on how Iran retaliates. Analysts warn that rising oil prices could worsen U.S. inflation, impacting Federal Reserve rate decisions and stock valuations.



Read more at Yahoo Finance: Investors Brace for Market Fallout From U.S. Strike on Iran Nuclear Sites