The shares declined, the increase in oil prices after Israel attacks Iran

Written by Lawrence Delevin and Dara Ranasing

(Reuters) -The world’s stock markets fell on Friday, and oil prices rose, as Israel fired military strikes on Iran, which sparked flows to safe havens such as gold and dollars.

Early on Friday, US President Donald Trump urged Iran to conclude a deal on its nuclear program – the primary goal of the strikes – saying that there is still time for the country to prevent more conflict with Israel. But later today, Iran launched missiles in Israel in response to the attacks; The explosions were heard on Tel Aviv and Jerusalem, where the sirens appeared on Friday night throughout the country.

Fears that the conflict can disrupt oil and gas supply in the Middle East, sharply higher prices. Brent crude contracts in Brent stabilized by 7 % at $ 74.23 a barrel, after increasing more than 13 %, while American crude ended at $ 72.98 a barrel, an increase of 7.62 %. American natural gas increased about 3 %, and European gas prices jumped over 5 % to the highest level during the day in 10 weeks.

Gold, a safe haven in global inception times, increased by 1.4 % to $ 3,431 an ounce, making it close to the 3 $ 3500.05 record as of April.

The rush has been identical to the safety of the origins of risk. The Dow Jones industrial rate decreased by 1.8 %, the S&P 500 index decreased by 1.1 %, and the NASDAQ is 1.3 %. European stocks decreased by 0.9 %, briefly reached their lowest level in three weeks, and in Asia, the main pour in Japan, South Korea and Hong Kong decreased more than 1 % each.

An escalation in the Middle East – a major oil production area – adds uncertainty in financial markets at a time of increasing pressure on the global economy from President Trump’s unexpected policies.

“The main conflict in the Middle East should spark geopolitical pressure, including sharply high oil prices,” said Samir Samana, head of global stocks and real assets at the Wales Fargo Institute for Investment. Samana added, however, that the conflict must represent an opportunity to buy for long -term investors, including stocks and large commodities in the United States.

Investors will also retain planned protests throughout American cities on Saturday, amid increasing concerns after immigration raids in Los Angeles.

Dual bond withdrawal

Treasury’s revenues in the United States increased for 10 years 5.6 basis points to 4.413 %, as the markets absorbed a sudden shock to commodity and stock prices, which reflects some decrease after four days mainly in red.

“This is an event from flying to safety. But the markets are a little struggling, and in the fixed income space, you have an oil shock that is inflated, and so you should see the markets expecting more honest nutrition,” said James Rosster, head of the Global Macros Strategy at TD Securities.