Trump, Netanyahu warn of intensified attacks on Iran; global markets react sharply

The Iran‑Israel‑US conflict has entered its third day, with intensified airstrikes, retaliatory missile attacks, and mounting civilian casualties. Following the killing of Iran’s Supreme Leader Ayatollah Ali Khamenei, U.S. President Donald Trump vowed to “avenge” the deaths of three U.S. service members, warning that further casualties are likely. Israeli Prime Minister Benjamin Netanyahu announced that strikes would intensify, while Iran launched missiles targeting Israel and Gulf nations. Global markets reacted sharply: Brent crude surged 7% to $82.37, gold rose 2%, the Sensex fell over 1,100 points, and the rupee weakened past 91 against the U.S. dollar.