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How will global stock indices change due to U.S.-Iran tension by November 30, 2024?
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Resolution / Starting Odds
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Verified reports from financial news agencies such as Bloomberg, Reuters, or official market data
Story
U.S. Warns Iran of Severe Consequences Over Imminent Ballistic Missile Attack on Israel
Oct 1, 2024, 01:45 PM
The United States has issued a warning to Iran regarding its preparations to launch a ballistic missile attack against Israel. According to multiple sources, including a senior White House official, U.S. intelligence indicates that the attack is imminent. The Biden administration has communicated, through a third country in Europe, that any direct military action by Iran against Israel will result in severe consequences. The U.S. is actively supporting Israel's defensive preparations in anticipation of the potential attack. This situation has also impacted global markets, with oil prices rising by nearly 2% and stock indices experiencing a decline. The warning follows an incident in April when Iran launched hundreds of missiles and drones against Israel. Sources for this information include Al Jazeera and Axios.
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