New Delhi, June 15 -- Major focus of the Wall Street investors in the week ahead will be on the Israel-Iran conflict and US Federal Reserve's monetary policy decision.

Last Friday, Israel launched massive assault on Iran's nuclear amd military sites.

On Saturday, Israel's Prime Minister Benjamin Netanyahu vowed to continue to strike hard at Iran and said the goal of the Israeli operation is two fold - to foil Iran's nuclear ambitions and to stop its ballistic missiles programme.

Due to the conflict, oil prices rallied on worries about the crude supply. The price of a barrel of benchmark US crude soared 7.3% to $72.98. Brent crude, the international standard, rose 7% to $74.23 for a barrel.

Iran is one of the world's major producers of...