Regional Ratcheting Up: A Familiar Pattern Plays Out in the Middle East The latest US strikes against Iran have killed 11 people, according to Iranian state media, sending shockwaves through global markets and escalating tensions between the two nations.
Investors are bracing for a prolonged period of uncertainty that could have far reaching consequences for regional economies.
Tuesday's attacks represent a significant escalation of hostilities in a long standing pattern of tit for tat actions between Washington and Tehran.