Geopolitical Situation
Israel’s attack on Iran on June 13, 2025, has triggered a significant escalation of geopolitical tensions in the Middle East. The comprehensive airstrike targeted Iran’s nuclear program and missile bases, which Prime Minister Benjamin Netanyahu described as a blow against the “core of the Iranian nuclear program.” Reports indicate that leading Iranian nuclear scientists, as well as the commander of the Islamic Revolutionary Guard, Hossein Salami, were killed in the attack.
Reactions and Consequences
The reactions to the attack were severe, both within Iran and on an international level. The killing of Hossein Salami, a key figure in the Iranian military hierarchy, adds to the tensions.
Financial Markets Under Pressure
The uncertainty caused by the military escalation is clearly reflected in global financial markets. Stock prices are plummeting worldwide, with the DAX and U.S. tech indexes suffering significant losses. The repercussions are also felt in commodity markets. Oil prices soared by up to 13 percent, while gold is on track to reach a record high, underscoring the flight to perceived safe assets.
Market Reactions and Outlook
Analysts note a clear risk-off mode, where investors are increasingly retreating to safe havens. Despite the intense geopolitical turmoil, market reactions remain more moderate than expected, indicating a certain resilience of the financial markets. Nevertheless, further retaliatory measures from Iran are anticipated, which could escalate the situation further.