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Bloomberg Businessweek: Iran Hits Back At Israel

Bloomberg Businessweek: Iran Hits Back At Israel

Bloomberg16 hours ago

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Iran fired hundreds of missiles in retaliation for Israel's airstrikes that targeted Tehran's military and nuclear infrastructure, broadening a conflict that threatens to engulf the region and roil global markets. Israel said it identified missiles launched from the Islamic Republic and reported explosions from interceptions and falling debris from incoming projectiles. An Israeli official said US forces are helping to intercept the Iranian missiles. The Iranian attack, which Tehran said entailed hundreds of ballistic missiles, is the most forceful step yet by Tehran since Israel's overnight raids killed top Iranian generals and badly damaged key military infrastructure. While it's unclear if Israel's air defenses have been pierced, markets took another hit from the surge in tensions. US stocks fell to new session lows, oil prices extended their gains above 7%, while the US dollar and gold rose. This episode features: Gregg Roman, Executive Director of the Middle East Forum Dana Stroul, Senior Fellow and Director of Research at the the Washington Institute for Near East Policy Jay Neveloff, Partner and Chair of Real Estate, US at Herbert Smith Freehills Kramer Elissa Sangster, Chief Executive Officer of the Forté Foundation

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Israel and Iran trade unprecedented blows
Israel and Iran trade unprecedented blows

CNN

timean hour ago

  • CNN

Israel and Iran trade unprecedented blows

Israel and Iran trade unprecedented blows Waves of deadly missile strikes were traded overnight between Iran and Israel as the long-running conflict between the two foes escalated. This follows Friday's unprecedented attack by Israel on Iranian nuclear and military targets, which killed some of the country's most senior leaders. 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CNN Chief Global Affairs Correspondent Matthew Chance takes a look into this significant breakthrough as well as what sort of retaliation could be in store. 01:02 - Source: CNN Missile interceptor launches from Jerusalem CNN's Jerusalem bureau chief and correspondent Oren Liebermann describes the moment an interceptor launched in the distance behind him during an on-air report from Jerusalem. 00:47 - Source: CNN Nuclear deal between US and Iran now uncertain after Israel attack The nuclear deal between the US and Iran could be in jeopardy following Israel's attack on Iran. 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Bitcoin Remains Defiant Amid Escalating Middle East Conflict and Trade War Fears
Bitcoin Remains Defiant Amid Escalating Middle East Conflict and Trade War Fears

Yahoo

timean hour ago

  • Yahoo

Bitcoin Remains Defiant Amid Escalating Middle East Conflict and Trade War Fears

Bitcoin hovered around $105,100 on June 14, down 0.22% over the past 24 hours as traders digested geopolitical tension. Price action remained relatively tight, with BTC moving within a $2,090 range from $104,220 to $106,135. The largest moves occurred overnight in Asia trading, where Bitcoin briefly dipped below $104,200 before rebounding on high volume. Much of the recent volatility has been driven by developments in the Middle East. The Israel-Iran war, which some analysts fear could spread to other parts of the Middle East, combined with trade tensions between the U.S. and some of its key trading partners, has unsettled risk markets. More than $1.1 billion in crypto liquidations were recorded during the initial wave of conflict headlines, though bitcoin has shown resilience in the aftermath. Traders appear to be leaning bullish in the medium term, as BTC continues to hold a pattern of higher lows despite intraday wobbles. Profit-taking near $106,000 capped upside momentum, but support near $105,000 continues to draw buyers on dips. Market participants are watching this range closely, particularly as safe-haven demand and risk sentiment remain intertwined. While short-term headlines continue to drive volatility, the broader structure suggests BTC is consolidating rather than reversing. If support around $104,950 holds, Bitcoin may attempt another push above $106,200. Technical Analysis Highlights BTC traded in a $2,090 range from $104,182 to $106,272 over the past 24 hours. A key bounce occurred at $104,182 with 15,342 BTC traded during the recovery. Resistance formed near $106,200 amid consistent profit-taking. A rising trendline of higher lows remains intact. Psychological support at $105,000 is holding for now. Recent price range: $104,875 to $105,202 in the last hour. A sharp dip below $105K at 07:19 reversed quickly, with $105,200 acting as near-term resistance. Final 15-minute candles showed minor exhaustion, but volume patterns suggest accumulation on dips. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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