By Admin 
Israel Iran Tensions: Wall Street was shaken on Friday after the attack on Iran by Israel. A strong attacks were carried out by Israel by targeting Tehran’s important establishments to prevent Iran from making nuclear weapons. In response to this, Iran was also reversed, after which where the voice of Israeli siren was heard, there was echo of explosions in Jerusalem.
Due to the attacks and counters between Israel and Iran on each other, on the one hand, there has been a fear in the minds of global investors, on the other hand, there has been a lot of tension in the Middle East.
Increased tension in the middle east
It is believed that if there are attacks on each other in this way, then the supply of crude oil can be interrupted from the Middle East. This is the reason that as soon as Israel attacked Iran, after that the price of crude oil climbed 7 percent.
Due to the increase in fuel prices, there is a decline in stocks of airlines companies. United Airlines has come to 4.4 percent, American Airlines 4.9 percent and Deelt Airlines 3.8 percent. However, the defense stocks including RTX Corporation have been seen to be fast since the Israeli attack.
Energy stocks boom
Energy sector is visible in enthusiasm due to Israeli attack on Iran. Diamondback energy has shown a jump of 3.7 percent and Exone of about 2 percent. While the S&P 500 index slipped 1.13 percent on Friday. Nasdaq was also 1.30 percent and Dow Jones Industrial Average was down 1.79 percent.
The market experts believe that if all this continues in this way, then the situation can be serious. Ilyas Hadad, a senior market analyst of Brown Barsha Heriman, says that if this situation continues, we can get caught in a completely military struggle.
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