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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Dow Futures Crash 500 Points, European Stocks Open Lower as Investors Dump Equities Amid Israel-Iran Tensions

Iran has vowed a heavy response to Israel's airstrikes. (Credit: energepic.com/Pexels.com)

US stock futures tanked early Friday after Israel's airstrike on Iran. Israel's defence minister, Israel Katz, declared a special state of emergency following the attack that rocked Tehran. In retaliation, Iran supposedly launched over 100 drones at Israel, which were neutralised in a coordinated response by 200 fighter jets, according to Israel.

'We struck at the heart of Iran's nuclear enrichment programme' and ballistic missile program, Israel's prime minister, Benjamin Netanyahu, had stated. He added that the operation would continue 'for as many days as it takes to remove this threat,' stoking fears of a new war in the region.

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