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'Bigger ramifications than Venezuela': Markets brace for impact after U.S. strikes Iran
Market watchers are bracing for turbulence after the U.S. confirmed it has launched “major combat operations” in Iran, a move investors say could carry far greater market consequences than the recent run of geopolitical flare-ups. U.S. President Donald Trump said the U.S. military has begun “major combat operations” in Iran. Several ministries in the southern part of the Iranian capital, Tehran, were targeted, Reuters quoted an unidentified Iranian official as saying. Markets have been unfazed and accustomed to absorbing recent geopolitical and economic shocks and headlines, including Trump’s announcement ... (full story)
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