The escalating conflict between Israel and Iran has already led to a spike in oil prices, and experts say it could result in higher inflation for UK borrowers the longer it continues

The Israeli military claims its campaign has eliminated high-value targets, including nine senior scientists, and severely damaged Iran’s nuclear infrastructure. Iranian authorities confirmed damage to four critical buildings at the Isfahan uranium conversion facility,

Iranian media reported that Israel struck the South Pars Gas Field in what would be the first attack on an Iranian energy site.

Israel has launched unprecedented attack on Iran, targeting the heart of nation’s nuclear program and senior military leaders.

The bulls would first look to continue defending the May 22 swing low and the recent developments have put the Nifty back in that 24,500 - 25,200 range which has failed to breakout of, despite the Nifty Bank hitting new highs in the process.