The U.S. has received information that Iran might launch a missile attack on Israel soon. A senior U.S. official warned that if Iran attacks Israel directly, there would be serious consequences for Iran. Because of this, the U.S. Embassy in Jerusalem has told all American government workers and their families in Israel to stay indoors until further notice.
This news has already affected the economy, causing the Dow Jones Industrial Average to drop over 250 points. The price of WTI crude oil has risen due to fears of increasing tensions in the Middle East. The cryptocurrency market may also see changes, as investors often turn to safe assets like gold during geopolitical instability, which could lead to a decline in riskier markets like crypto amid rising uncertainty.
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