US-Israel Strikes on Iran Trigger Market Volatility and Rising Oil Prices

The recent US and Israel military strikes on Iran, including the reported killing of Iran's Supreme Leader Ayatollah Ali Khamenei, have escalated geopolitical tensions, prompting concerns over a broader Middle East conflict. Indian and global markets reacted with declines amid rising crude oil prices, which surged due to fears of supply disruptions via the Strait of Hormuz. Analysts expect short-term market volatility and sector-specific impacts, with energy and defense stocks potentially gaining, while inflationary pressures and foreign investment outflows pose risks. Market experts advise cautious, data-driven responses rather than panic selling as the situation evolves.