Iran launches missile volley at Israel, putting fragile ceasefire on life support

Iran launched a missile volley at Israel, placing a fragile ceasefire on life support and risking a broader regional conflict. This escalation has caused oil prices to surge, which could fuel inflation and complicate central bank policies. These geopolitical tensions are impacting global financial markets and testing diplomatic efforts to maintain peace. The missile exchange threatens stability, creating significant volatility for international markets while challenging the current efforts to prevent a wider war.