Israel launches major strike on Iran: What is the market fallout? | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search

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ADVERTISEMENT European equities tumbled when the market opened on Friday and oil prices surged, as investors reacted to Israel’s large-scale air strikes on Iran’s nuclear infrastructure, fuelling fears of a broader Middle East conflict. The operation, named Rising Lion, marks the most extensive Israeli military action on Iranian soil to date, targeting over 100 facilities including the Natanz complex and missile sites near Tehran. As of 9.15am CEST, the Euro STOXX 50 had dropped 1.5%, extending