Iran-Israel conflict, June 12 -- Shares on Tel Aviv stock exchange faced a brutal selloff in trade on Thursday, June 12, as investors chose to book profits amid the latest flare-up between tensions in Israel and Iran.

Media reports suggest that Israel is fully prepared to launch an operation into Iran, which has not just made the markets jittery but also prompted the US to move non-essential embassy staff out of Iraq.

The Iranian stock market's TA 35 lost 2.3% over the last close to the day's low of 2,673.

More to come...

Published by HT Digital Content Services with permission from MINT....