Risky markets fall due to increased tension between Iran and Israel.

Tensions between Iran and Israel have escalated significantly leading to a sharp decline in risk markets. Israeli stocks dropped notably due to fears of an imminent Iranian attack, with the TA-35 Index falling 3.1% as global risk aversion increased. Following Iran's missile strikes on Israel, oil prices surged by 5%, reflecting heightened geopolitical risks. Historically, such conflicts have resulted in modest market selloffs, but the current situation indicates a potential for prolonged volatility in both equity and bond markets