- Donald Trump said he believes the memorandum of understanding with Iran is over.
- Fresh military escalation reported as Iran launches missile and drone attacks on US military facilities in Bahrain and Kuwait following fresh US strikes and renewed sanctions on Iranian oil exports.
- Brent Crude spikes over 5% above $78/ba.
- Indian Markets crashes over 2%; Nifty below 24,000 and Sensex below 77,000.
Stay alert!
Geopolitical headlines are likely to drive markets more than earnings in the near term.