Stocks Fall, Oil Rises as Fresh Gulf Attacks Knock Equities From Record Highs
Global stocks fell, oil prices rebounded and bond yields rose as fresh attacks around the Gulf rattled investors, knocking equities back from record highs as markets reacted to the latest exchange between U.S. and Iranian forces.
The move followed a new round of U.S. strikes near Bandar Abbas that a U.S. official said targeted a military site threatening U.S. forces and commercial traffic in the Strait of Hormuz, after U.S. forces shot down four Iranian one-way attack drones. Iran's Islamic Revolutionary Guard Corps later said it struck a U.S. airbase in Kuwait in retaliation, while Kuwait said its air defenses were confronting hostile missile and drone attacks, highlighting risks to shipping through the waterway and to a ceasefire both sides had said remained in place.
From the sources (25 posts)
@financialjuice🔴 Air defences were activated in Iran's Gulf Island of Qeshm, cause unclear - Mehr News Agency
@firstsquawkAIR DEFENSES TURNED ON IN IRAN'S QESHM ISLAND, REASONS UNKNOWN.
@zerohedge*SOUND OF AIR DEFENSE HEARD ON QESHM ISLAND IN IRAN: MEHR
@iranintl_enIranian media reported sounds of air defense activity on Qeshm Island on Monday, but said the nature of the sounds remained unclear and no official body had commented on the cause.
@ariel_oseranIranian air defense activity heard over Qeshm Island, southern Iran, semi-official Mehr news reports.
@firstsquawkIRAN SAYS IT DOWNED A 'HOSTILE' DRONE OVER GULF USING A NEW AIR DEFENCE SYSTEM - IRANIAN NEW AGENCIES
@financialjuice🔴 Iran: Downed a hostile drone over the Gulf using a new air defence system - Iranian News Agencies
@osint613Iranian news agencies claim a hostile drone was shot down over the Gulf using a newly deployed air defense system.
@iranintl_enIranian media reported that forces of the Islamic Republic downed a “hostile drone” over the waters of the Persian Gulf on Monday, after earlier reports of air defense activity near Qeshm Island.
@sentdefenderAccording to Iran’s state-affiliated Fars News Agency, an Arash Archer system shot down what was reportedly a stealth drone of a yet unspecified nation over the Arabian Gulf. Per the report, the system is able to detect stealth aircraft whi
@ajenewsBREAKING: Iran has downed a “hostile” drone over the Gulf using a new air defence system, according to Iranian media. 🔴 More on
@ajenewsBREAKING: Iran claims it shot down 'hostile drone' in Gulf airspace 🔴 LIVE updates:
@bricsinfoJUST IN: 🇮🇷 Iran says it downed a "hostile" drone over the Gulf using a new air defence system.
@endgameww3RT @hey_itsmyturn: 2012Z 3 huge blasts in Bandar Abbas, Hormozgan Province, #Iran
@faytuksMultiple local reports of explosions in Bandar Abbas, southern Iran
@endgameww3RT @ILRedAlert: Loud explosions heard in Bandar Abbas at around 23:40 local time, with multiple residents describing up to three strong bla…
@warmonitor3Huge explosions reported in Bandar Abbas Iran in the last moments.
@osint613Multiple explosions near a military base in Bandar Abbas, Iran.
@faytuks
@endgameww3RT @ILRedAlert: Explosions were heard in the city of Bandar Abbas, Mehr News Agency reports.
@faytuksAn explosion has been heard in Bandar Abbas with the reason being unknown, according to Mehr
@mossadilExplosions were reportedly heard in the Iranian port city of Bandar Abbas, according to Mehr News Agency. No official details yet on the cause or possible targets.
@financialjuiceExplosions heard in Iran's Bandar Abbas city, reason unknown - Mehr News Agency
@firstsquawkEXPLOSIONS HEARD IN IRAN’S BANDAR ABBAS CITY, CAUSE STILL UNKNOWN — MEHR NEWS AGENCY
@endgameww3RT @hey_itsmyturn: 2024Z AA activity over Bandar Abbas right now. Hormozgan Province, #Iran