Military and Political Development
In the early morning hours, Israel launched “Operation Rising Lion” and specifically targeted several Iranian nuclear facilities, including the uranium enrichment facility in Natanz. The headquarters of the Revolutionary Guards in Tehran was also hit. High-ranking military officials, such as Major General Hussein Salami and Chief of Staff Mohammed Bagheri, lost their lives in these attacks. This offensive is characterized as a preventive, precise, and combined strategy that attacked not only the nuclear program but also other military targets. The U.S. supported Israel in this operation: President Donald Trump had previously threatened Iran with retaliation should the nuclear program not be curtailed. In return, Iran threatened counterattacks.
Impact on the Markets
The strike against Iranian nuclear facilities has shaken markets worldwide. The uncertainty over a potential escalation is heavily impacting global stock exchanges. Investors are reacting nervously, reflected in rising oil prices. This development particularly affects Germany and its energy-deficient neighbors, as they are heavily dependent on energy imports. Many investors are withdrawing from high-risk investments and seeking safety in gold or U.S. government bonds.
Long-term Perspectives
The current situation could lead to a further escalation of the Middle East conflict. The deaths of high-ranking Iranian military officials could result in retaliatory measures. The nuclear agreement between Iran and the U.S. is also under pressure, as negotiations could be significantly affected by this attack. With the expiration of the “snapback” mechanism, which pertains to the reintroduction of global UN sanctions against Iran, the situation could further worsen.
Conclusion
The Israeli airstrike on Iran’s nuclear facilities not only creates military-political volatility but also has far-reaching economic consequences. Rising oil prices and increased volatility in financial markets particularly burden energy-dependent economies. For investors, this means an increase in uncertainties and potentially higher costs for commodities and transportation services.