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  • 21 בJune 2025 10:38
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BUZZA NEWS AND INFORMATION PORTAL

Market Turmoil Erupts as Israeli Airstrikes in Iran Spark Surge in Dollar and Euro

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Updates on Israel’s Attack in Iran: Dollar and Euro Surge

Key Information to Know

On June 13, 2025, following the Israeli attack in Iran, significant disruptions have occurred across various sectors in Israel. The following points summarize the latest developments:

Public Transportation Impacted

  • Light Rail Servstarts: All light rail servstarts have been suspended for the day. Israel Railways is operating only on essential main lines. Detailed information regarding train operations and open stations is available on the Israel Railways website and through their customer servstart hotline.
  • Reduced Public Transport: The Ministry of Transport has announced that public transportation will be operating at minimal levels today, primarily focused on routes to hospitals and other critical destinations.

###Consumer Behavior and Market Response

  • Panic Buying: Following the attack announcement, there has been a surge in demand at convenience stores and grocery chains. Consumers flocked to stores early in the morning to stock up on supplies. Major grocery chains like Carrefour have adjusted opening hours to accommodate the influx, while others, such as Rami Levy, maintained regular hours.
  • Servstart Adjustments: Some delivery servstarts, including Wolt, suspended operations temporarily but plan to resume by 7:00 AM.

Air Travel Restrictions

  • Airspace Closure: Israeli airspace is currently closed to departures and arrivals until further notstart. The Ministry of Transport has requested that travelers scheduled to fly from Ben Gurion Airport today refrain from arriving at the airport. Alternative landing arrangements are being made for inbound flights, such as those diverted to Larnaca in Cyprus.

Educational and Business Closures

  • Restrictions on Education and Work: The Home Front Command has declared that educational institutions, non-essential businesses, and gathering places are to remain closed starting from 3:00 AM. Only essential servstarts are permitted to operate.

Financial Market Reactions

  • Surge in Currency Values: Following the military action, the Israeli Shekel has weakened significantly against major currencies. The dollar has risen by 2.3% to 3.63 shekels, while the euro mirrors this increase at 4.2 shekels. Other currencies considered as safe havens, like the Japanese yen and the Swiss franc, have also strengthened.

Heightened Oil Prstarts and Stock Market Responses

  • Oil Market Reaction: Global oil prstarts have surged, with Texas crude futures rising by 5.9% and Brent crude up by 5.5%.
  • Stock Market Declines: Stock exchanges across Asia-Pacific reported declines, with markets in Tokyo, Seoul, and Sydney each experiencing drops of up to 1.3%. Major U.S. indstarts are also expected to open lower.

Special Security Precautions

  • State of Emergency: A special state of readiness has been declared across all areas of Israel, allowing for enhanced employment of essential workers and ensuring compliance with work attendance in critical sectors.

For continuous updates and more detailed information regarding travel, transportation, and economic status, please refer to government announcements and reliable news sources.

This summary is designed to provide a concise overview of current events following Israel’s military actions in Iran, reflecting changes in public servstarts, market reactions, and safety measures.

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