
The US launched ground operations in Iran, triggering global market turmoil. Bitcoin surged 15% to $42,500 as investors sought safe havens amid uncertainty. Energy stocks like ExxonMobil and Chevron rose over 3% with crude oil prices hitting $87 per barrel due to supply disruption fears. Stock markets fell, especially in the US and Europe, while Asian markets showed mixed reactions. The conflict raises concerns over prolonged supply issues through the Strait of Hormuz, impacting global growth and currency stability. Markets expect continued volatility as geopolitical tensions escalate and central banks face complex decisions.