TEHRAN – Iranian government announced suspension of its stock exchange operations until further notice, citing concerns over market stability amid escalating military tensions with Israel.
Fatemeh Mohajerani, spokesperson for the Iranian government, confirmed the decision during a press briefing in Tehran on Saturday. The spokeswoman explained that financial markets will remain closed until regulatory authorities assess that conditions are safe enough to resume trading, emphasizing the move is intended to protect public investments during this volatile period.
The suspension comes in the wake of a major Israeli airstrike launched in the early hours of June 13, which targeted key military installations in Iran and resulted in the deaths of several senior military commanders. Among those killed were General Mohammad Bagheri, Chief of the General Staff; Hossein Salami, Commander-in-Chief of the Islamic Revolutionary Guard Corps (IRGC); Gholamali Rashid, Commander of the Khatam al-Anbiya Central Headquarters; and Amir Ali Hajizadeh, head of the IRGC Aerospace Force. The strike also reportedly claimed the lives of nine nuclear scientists and other high-ranking officials.
In retaliation, Iran launched a large-scale counterattack later the same day, firing over 150 ballistic missiles and deploying more than 100 drones targeting Tel Aviv and other Israeli locations. The barrage caused civilian casualties and widespread damage, further escalating the conflict between the two nations.
International calls for restraint continue as diplomatic efforts mediated by Oman and Qatar seek to de-escalate the crisis. Meanwhile, Iranian authorities urge residents and businesses to remain vigilant and follow official directives amid ongoing security concerns.
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