Geopolitical tensions surge as regional conflict escalates.

Geopolitical tensions surge as regional conflict escalates. Iran vows crushing retaliation following Israeli strikes on multiple targets in Tehran and Tabriz, with US backing reported. The escalation has immediate economic consequences: long queues formed at Tehran petrol stations as residents flee the capital, signaling rising public anxiety. Israeli officials confirm the operation was months in planning, suggesting deliberate strategic action rather than spontaneous response. This direct confrontation between regional rivals marks one of the most serious escalations in years and significantly increases risk of broader regional conflict. Markets remain sensitive to Middle East tensions given energy supply concerns and geopolitical uncertainty affecting global economic stability and investor sentiment.