08/07/2026
Markets sold off in the market as US Central Command forces have begun a series of powerful strikes on Iran in retaliation for Iranian attacks on commercial vessels in the Strait of Hormuz.
The US military called Iran's hostility "unjustified, perilous, and a clear breach of ceasefire."
Iranian state media reports seven explosions in Sirik.
$1 TRILLION was wiped out from stocks, precious metals, and crypto within 30 minutes after the US announced it was revoking Iran's oil export license
Gold dumped -1.33%
Silver dumped -2.67%
Nasdaq dumped -1.87%
S&P 500 dumped -0.46%
Oil jumped 5%
Source: Bull Theory
Crypto is down $27 billion.