Iran Launches 100 Drones at Israel in Retaliation, Markets React Sharply

Tensions in the Middle East escalated dramatically as Iran launched over 100 drones targeting Israel, in what it described as a direct response to a recent missile attack on its military infrastructure. The large-scale aerial assault marks one of the most aggressive military actions between the two nations in recent history.

Israeli defense systems were immediately activated, with reports of Iron Dome interceptions lighting up the night sky over multiple regions. The Israeli military has confirmed the attack and is currently assessing damage and casualties, though full details remain unclear due to ongoing security operations.

Iranian officials claim the drone strikes were a measured retaliation, warning of “greater consequences” if further provocations continue. The attack follows a missile strike earlier this week, believed to have been carried out by Israel, targeting key Iranian defense positions.

The global financial markets responded with immediate volatility. Crude oil prices surged, and investors fled to traditional safe-haven assets like gold and the U.S. dollar. Analysts warn that further escalation could severely disrupt global supply chains and energy markets in the days ahead.

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