Financial markets are set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause.

The Israel-Iran conflict has rapidly escalated following Israel's surprise airstrikes on June 13, 2025, targeting key Iranian nuclear and military sites, including Natanz and Isfahan. The strikes killed senior Iranian commanders and scientists,

Rising tensions over Iran's nuclear program have escalated amid diplomatic breakdowns, military preparations, and threats of conflict across the Middle East.

Israel and Iran launched fresh attacks, killing and wounding civilians and raising concerns of a broader regional conflict.

Several children have been killed in Iran's latest missile strikes on Israel. A girl and a boy, respectively aged eight and 10, were found dead this morning in Bat Yam. Emergency services are currently looking for survivors.

Benchmark indexes pause amid Israel-Iran conflict, with Nifty 50 up 0.18% and BSE Sensex rising 0.15%. Geopolitical uncertainty persists.

The opening of a new front in the conflict between Israel and Iran has brought geopolitical risk straight back into the foreign exchange calculus. After the Israeli strikes Friday morning, the dollar witnessed an element of the “flight-to-safety” characteristic traditionally associated with military escalation but as ING points out in its daily research note,