Senior Iranian Official Says Iranian Order To Launch Missiles At Israel Was Made By Supreme Leader Khamenei; Iran Fully Ready For Any Retaliation After Missiles Launch At Israel
Portfolio Pulse from Benzinga Newsdesk
A senior Iranian official has stated that the order to launch missiles at Israel was given by Iran's Supreme Leader Khamenei. Iran is prepared for any retaliation following the missile launch.
October 01, 2024 | 5:16 pm
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POSITIVE IMPACT
The United States Oil Fund (USO) may see price fluctuations due to potential disruptions in oil supply routes amid rising tensions between Iran and Israel.
Geopolitical tensions in the Middle East often lead to concerns about oil supply disruptions, potentially impacting USO prices.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) might experience market volatility due to increased geopolitical tensions following Iran's missile launch at Israel.
While the direct impact on the US market is limited, increased geopolitical tensions can lead to broader market volatility affecting SPY.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) may experience volatility due to increased geopolitical tensions following Iran's missile launch at Israel.
The missile launch by Iran directly impacts Israel, potentially affecting the Israeli economy and companies, which are components of the EIS ETF.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The VanEck Vectors Israel ETF (ISRA) could face short-term pressure due to heightened geopolitical risks after Iran's missile attack on Israel.
ISRA, which tracks Israeli companies, may be negatively impacted by the geopolitical instability caused by Iran's actions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80