President Trump declared successful attack on Iran nuclear sites, causing market volatility

From Yahoo Finance: 2025-06-21 20:44:00

President Trump announced a “very successful attack” on three nuclear sites in Iran, obliterating key enrichment facilities in a major escalation of conflict. Financial markets reacted with cryptocurrencies falling, and analysts predicting a spike in oil prices but eventual peace deal. The US attack on Iran introduces new geopolitical risks, likely prolonging tensions and impacting Asian markets sensitive to higher energy prices. Investors may seek safety with a flight to USD, as crude oil prices are expected to spike to $80 or more. The economic fallout may be contained if Iran’s oil exporting capacity remains uncompromised.



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