Iran-Israel conflict, June 23 -- Tensions in the Middle East intensified over the weekend, with the US joining hands with Israel to launch strikes on Iran, targeting three Iranian nuclear facilities and warning of further action if Tehran does not pursue peace.

The attacks from Washington came unexpectedly, as President Donald Trump had stated on Friday that he would decide on a potential strike "within the next two weeks," raising hopes for a diplomatic window.

Escalating tensions between Iran and Israel sent shockwaves through global equity markets last week, which were further intensified on Monday. With the situation deteriorating further, investors are now bracing for how the conflict may unfold, especially as equities are already ...