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Israel strikes Iran: Asian stocks tumble, oil and gold surge; investors rush to safe havens

IndiaTimes Friday, 13 June 2025
Asian markets plunged following Israel's military strike on Iran, escalating Middle East tensions. Oil prices surged over 6%, reaching $73.56 a barrel, while gold saw a 1% increase as investors sought safe-haven assets. Japan's Nikkei and South Korea's KOSPI experienced declines.
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News video: Israel Eliminates Iran’s Air Force Chief Hajizadeh in Bunker Strike; Over 20 Iranian Leaders Killed

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