Bloomberg Daybreak: Europe Edition Israel Strikes Iran’s Nuclear Sites, Key Military Chief Killed, Oil & Gold Surge
Jun 13, 2025
Israel has launched significant airstrikes against Iran’s nuclear sites, escalating tensions in the region. The attacks have raised fears of wider conflict, with oil prices surging by as much as 13%. President Trump asserts Iran must not develop nuclear capabilities, complicating diplomatic efforts. Global markets reacted sharply, with stocks falling and haven assets gaining. Additionally, a tragic aviation incident involving Air India has drawn attention amidst these turbulent times.
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Israel's Major Airstrike Escalation
- Israel launched multiple waves of airstrikes targeting Iran's nuclear and ballistic missile programs, killing key military officials.
- This represents a serious escalation that risks sparking wider regional conflict involving Iran, Israel, and allied countries.
U.S. Awareness of Strikes
- The U.S was aware of Israel's planned strikes but did not participate directly.
- President Trump publicly preferred a diplomatic solution but was informed beforehand of Israel's actions.
Europe's Limited Influence
- European countries are largely sidelined in nuclear talks and critical of Israel's actions in Gaza.
- Despite criticism, relations and military cooperation with Israel continue, showing limited impact of European disapproval.