
Iran-Israel War: Why Israel bombed Iran's nuclear sites and what it means for global security, oil, and trade
In the early hours of Friday, Israel launched airstrikes deep inside Iranian territory, targeting nuclear and military infrastructure. The operation—called Operation Rising Lion—marked a dramatic escalation in long-standing tensions between the two nations. Here's why Israel carried out the strikes, what it hopes to achieve, and what it means for the region.
What triggered the Israeli strikes?
According to Israeli officials, the decision to launch Operation Rising Lion was based on growing concerns that Iran was close to developing a nuclear weapon. Israeli Prime Minister Benjamin Netanyahu said the strike was a 'targeted military operation to roll back the Iranian threat to Israel's very survival.'
'This operation will continue for as many days as it takes to remove this threat,' Netanyahu said.
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An Israeli military official described the assault as a 'preemptive, precise, combined offensive,' targeting Iran's nuclear programme and long-range missile capabilities.
Iran-Israel War: What's next, what it means for the world and trade?
Israel says the operation could continue for several days. The situation remains tense and unpredictable. The coming days will determine whether the conflict widens or whether diplomatic channels intervene to prevent further escalation.
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The Israeli strike on Iran's nuclear facilities could reshape several layers of international relations and global trade. In the short term, it increases the risk of a broader military conflict in West Asia. If Iran retaliates directly or through its allied groups in Lebanon, Syria, Iraq, or Yemen, the region could spiral into prolonged violence.
Israel-Iran Conflict's impact on Trade
For global trade, the immediate concern is the Strait of Hormuz, a critical shipping lane through which nearly a fifth of the world's oil passes. Any Iranian attempt to disrupt this route—something Tehran has previously threatened—could trigger a sharp rise in global oil prices, disrupt energy supply chains, and affect economies already under inflationary pressure.
Diplomatic Realignments
Countries that have maintained strategic neutrality between Israel and Iran—like India, China, and Gulf nations—may now face diplomatic challenges. They will be under pressure to either condemn or support the action, which could alter trade and defence ties in the region.
On the military front, this strike could encourage a shift in alliances. Arab states that have normalised relations with Israel under the Abraham Accords might quietly support the move, seeing Iran as a shared threat. Meanwhile, Iran may turn more aggressively toward China and Russia for diplomatic and military backing.
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The situation also places the United States in a tight spot. While Washington was reportedly informed in advance, it has publicly distanced itself from the strikes. However, any escalation that affects US troops in the region could force American involvement, intentionally or otherwise.
In the longer term, this strike may trigger a new phase in the nuclear arms race in West Asia. Iran might accelerate its weapons development in response, prompting neighbouring states like Saudi Arabia to pursue similar capabilities.
What targets did Israel hit?
Israel confirmed that dozens of fighter jets carried out coordinated attacks on nuclear and military sites across Iran. The IDF said, 'Dozens of IAF jets completed the first stage that included strikes on dozens of military targets, including nuclear targets in different areas of Iran.'
Netanyahu elaborated on the targets:
'We struck at the head of Iran's nuclear weaponistion program. We targeted Iran's main enrichment facility in Natanz. We targeted Iran's nuclear scientists working on the Iranian bomb. We also struck at the heart of Iran's ballistic missiles program.'
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Explosions were reported northeast of Tehran and near the Natanz nuclear site. Witnesses confirmed that multiple blasts were heard close to a uranium enrichment facility.
Who were killed in the attack?
Iranian state media reported casualties, including key figures linked to Iran's nuclear programme. Hossein Salami, commander-in-chief of the Revolutionary Guards, is believed to be among the dead. Fereydoon Abbasi, former chief of the Atomic Energy Organisation of Iran, was also reported killed.
Why Israel hit Iran now?
Tensions between Israel and Iran have been high for years, but the Israeli leadership says the nuclear threat has reached a critical point. A statement from the Israeli military said, 'Today, Iran is closer than ever to obtaining a nuclear weapon. Weapons of mass destruction in the hands of the Iranian regime are an existential threat to the State of Israel and to the wider world.'
The timing may also be connected to recent intelligence reports, growing regional instability, and fears that Iran could activate proxy forces against Israel.
How has Israel justified the attack?
Netanyahu framed the strike as an act of national security and regional defence.
'This is a clear and present danger to Israel's very survival,' he said. 'In defending ourselves, we also defend others. We defend our Arab neighbours. They, too, have suffered from Iran's campaign of chaos and carnage.'
How has Iran responded so far?
As of now, Iran has not officially confirmed the full extent of the damage but has acknowledged attacks near key facilities. Flights have been suspended at Tehran's international airport, and explosions were reported in several areas.
Iran has not publicly announced retaliation yet, but Israel has declared a state of emergency and is preparing for potential counterattacks. Air raid sirens were heard in Jerusalem, and civilian air traffic to Tel Aviv has been redirected.
Where does the US stand?
The US was informed in advance of Israel's intentions, according to a CBS report. The Biden administration had advised some Americans to leave the region.
However, Washington has distanced itself from the attack. US Secretary of State Marco Rubio said, 'Israel advised the US it attacked Iran for self-defence.' He added, 'The US was not involved in the Israeli strikes on Iran.'
Former US President Donald Trump also weighed in before the attack, saying, 'I don't want them going in because, I mean, that would blow it.'
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Last Updated: The Israel-Iran conflict causes market pessimism, with both Nifty and Sensex dropping nearly 1% each. Despite this, the broader market uptrend remains intact. Nifty Prediction For Tomorrow, June 16: The ongoing Israel-Iran war has fuelled pessimism in the stock markets and prompted investors to flee riskier assets. Sparked after Israel's attack on Iran's nuclear facilities in the wee hours of Friday, the conflict has further deepened with both sides upping the ante. Market experts said that though investors are expected to remain cautious amid premium valuations and geopolitical risks, the 'boarder market uptrend remains intact" on the BSE and the NSE. According to the experts, all eyes are now on the upcoming US Fed meeting, where interest rates are likely to remain unchanged. Other central banks, Japan and the UK, will also announce their interest rates this week separately. Ketan Vikam, head of sales at Almondz Institutional Equities, said, 'Indian stock markets are likely to follow the global trend, following rising tension in the Middle East amid the Israel-Iran conflict, which could fuel further pessimism and prompt investors to flee riskier assets." The Indian equity markets experienced a significant downturn this week, with the benchmark indices, NSE Nifty50 and BSE Sensex, declining nearly 1% to close at 24,718 and 81,118, respectively. How Are Indian Markets Placed? 'The index (Nifty) is still holding above the crucial 55-day EMA (exponential moving average) near 24,300, suggesting that the broader uptrend remains intact," said Puneet Singhania, director at Master Trust Group. The 55-week EMA is a technical indicator that shows the average price of a stock or index over the past 55 weeks, giving more weight to recent prices to spot long-term trends. 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Support level is the price where a stock usually stops falling, while resistance level is where it often struggles to go higher. In other words, support is like a floor where prices tend to bounce up, and resistance is like a ceiling where prices often get stuck. Choice Broking said the Nifty has immediate support at 24,600 and 24,400, which could offer strong buying opportunities for traders on dips. On the upside, resistance is seen at 24,800 and 25,000, with the latter acting as a key hurdle. 'A sustained breakout above 25,200 could trigger a bullish rally, potentially targeting 25,500 and 25,700 in the coming weeks," it added. Market Volatility The India VIX, a key indicator of market volatility, surged by 7.60% to close at 15.0800 on the daily timeframe, reflecting a rise in market nervousness and indicating the possibility of heightened volatility in the near term. Open Chain Analysis In the derivatives segment, the highest call open interest (OI) is concentrated at the 24,800 and 25,000 strikes, suggesting strong resistance around these levels, Choice Broking said. On the downside, the highest Put Open Interest is seen at the 24,600 and 24,500 strikes, indicating strong support and traders' confidence in holding these levels, it added. Open interest (OI) shows the total number of active futures and options contracts in the market, helping investors gauge market strength and trend direction. Its analysis tells you how many traders are betting on a stock or index level, helping you understand if a price move or support/ resistance is strong or weak. What's Next? Looking ahead, investors are expected to remain cautious amid premium valuations and geopolitical risks. All eyes are now on the upcoming US Fed meeting, where interest rates are likely to remain unchanged. However, the Fed's commentary and economic projections will be closely scrutinised for future policy cues, said Vinod Nair, head of research, Geojit Investments Ltd. The Nifty futures, or the GIFT Nifty, closed flat or marginally higher by 3.5 points at 24,743 (as of June 15, 2025,at 2:44 am). Bank Nifty According to Choice Broking, the Bank Nifty is trading above all its key moving averages, including the short-term 20-day, medium-term 50-day, and long-term 200-day Exponential Moving Averages (EMA). This indicates an overall upward trend, but pressure from higher levels suggests that some consolidation phase is underway, and the index is unable to hold higher levels, with downside support near the 55,000-54,500 range. The Relative Strength Index (RSI) stands at 62.12, indicating a mild sideways to bearish move. However, the sideways movement suggests a phase of consolidation, potentially leading to a time-wise or price-wise correction as the index awaits fresh cues for the next directional move. 'The Bank Nifty index is likely to face significant resistance in the 56,000–56,500 range. If the index continues to move higher, HDFCBANK from the private banking sector is expected to support the uptrend. Similarly, in the public sector banking space, SBI is anticipated to show strength," it added. Markets Last Week The Indian equity markets ended the week sharply lower, with the Nifty 50 and the Sensex slipping nearly 1% to close at 24,718 and 81,118, respectively. The decline was mainly due to rising geopolitical tensions after Israel launched an airstrike on Iran's nuclear facilities, raising fears of a wider conflict. top videos View all Brent crude surged up to 12% to nearly $78 per barrel, triggering inflation concerns for India, a major oil importer. Higher oil prices also dimmed hopes of a US Fed rate cut ahead of its meeting next week. Further rattling global markets were renewed tariff threats by US President Donald Trump, effective July 9, sparking fears of a trade war. Foreign investors sold Indian equities worth Rs 1,246 crore, but strong domestic institutional buying of Rs 18,637 crore helped cushion the fall. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : Nifty 50 sensex Location : New Delhi, India, India First Published: June 15, 2025, 15:44 IST News business » markets Nifty Tomorrow, June 16: How Will Israel-Iran War Impact Markets? Experts Analyse, Give Key Levels