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

Анна Федорова World
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Iran, war: strikes continue, markets react, the US speaks of the imminent end of operations
From March 9 to 10, the conflict that began with Israeli and American strikes on February 28 reached a new stage. Both sides continue to attack each other, causing significant repercussions for regional energy markets and neighboring states, while Washington reports a likely imminent end to military actions.

A New Supreme Leader of Iran Appointed

Iran announced the appointment of Mojtaba Khamenei, the son of the slain Ali Khamenei, as the Supreme Leader. This decision comes amid ongoing military actions and mass rallies in support of the new leadership in Tehran.

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

The US and Israel Continue Attacks on Military Infrastructure

Iran's Retaliatory Actions Against the US and Allies

Humanitarian Situation and Casualties

The US Speaks of an Imminent End to Military Actions

Oil Markets React to the Conflict

Amid the escalation of the conflict, the price of Brent oil exceeded $110 per barrel, reaching a peak of around $118, but then slightly retreated after reports of a possible imminent end to hostilities.

Economic Consequences for Neighbors

In Turkmenistan, there is a rise in prices for goods due to disruptions in logistics and trade with Iran. Since Iran is an important trading partner, military actions significantly impact local markets.
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