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Impact of Israeli Strikes on Iran: Oil Prices Surge and Bitcoin Falls

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by Giorgi Kostiuk

12 hours ago


On June 15, Israel conducted airstrikes on Iranian nuclear facilities, which significantly affected global financial markets.

Israeli Strikes on Iranian Nuclear Sites

The Israeli military carried out airstrikes targeting over ten Iranian nuclear facilities. Iranian Foreign Minister Abbas Araqchi condemned the strikes, labeling them as 'crossing a new red line' and suggested U.S. involvement. There has been no official response from the U.S.

Market Reactions to the Conflict

Global financial markets reacted with varying effects. Oil prices surged by 11% due to fears of instability in the Persian Gulf. The Tel Aviv Stock Exchange initially dipped but later rebounded, closing up by 0.1%.

Bitcoin's Rise and Fall

Bitcoin's value dropped to $103,000, marking a decline in its price amid rising market risks. As of June 15, 2025, Bitcoin was valued at $105,123.99, with a market capitalization of $2,089,654,734,792, representing 63.92% market dominance. Over the past 90 days, BTC gained 26.14%, but experienced a decrease of 0.50% over the past week.

The events surrounding the Israel-Iran conflict demonstrate how geopolitical factors can impact financial markets, underscoring the need for investor vigilance in unstable conditions.

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