An attack is expected in the next few hours or days. The price of oil rose immediately.
News of Iran’s possible attack on Israel shook the markets on Friday. Iran has signaled to strike Israel in the next few hours or days. The US intelligence authorities, for example, tell about it.
News agency Bloomberg by the attack may come within the next two days. The attack could therefore be timed for the current weekend.
News agency Reuters by Israel has instructed its citizens in case of a possible attack by Iran or its allies.
President of the United States Joe Biden has said he expects Iran to strike Israel.
The attack would be a response to the airstrike that was carried out earlier in April on the Iranian embassy in Damascus, Syria. Israel has not confirmed that it was behind the attack.
News of the escalation of the situation shook the market on Friday. Signs of nervousness were seen both in oil prices and in the stock market.
Oil prices rose very quickly in reaction to information about a possible attack. The price of Brent crude rose from just over $90 to over $92 on Friday afternoon. However, the price of Brent crude also fell quickly during the evening back to the level of around 90 dollars.
Fluctuations were also seen in the stock market. The S&P500 index, which broadly describes the US stock market, fell 1.46 percent on Friday.
The Vix index, also known as the market’s fear factor, which describes the expected volatility of the stock market, rose by around 25 percent on Friday. The increase is the largest single daily movement of the index in more than two years.
Interest rates on government bonds fell slightly on Friday. According to data from the news agency Bloomberg, the interest rate on the 10-year bond in the United States fell by six percentage points and in Germany by ten.
The US dollar, on the other hand, rose 0.6 percent on Friday. Gold was also up by about 1.5 percent.