Iraqi Security Media Cell via Reuters
Burning debris seen on a road near Baghdad International Airport, which Iraqi paramilitary groups say were caused by three rockets, on January 3, 2020.
- Stocks tanked and gold rallied on Friday following news of the US's assassination of top Iranian general Qassem Soleimani.
- Iranian officials quickly threatened a tit-for-tat measure against the US, with the nation's supreme leader warning that "harsh retaliation is waiting."
- Here's what six analysts are saying about the attack, heightened geopolitical tensions, and how investors can best take advantage of the scenario.
- Visit the Business Insider homepage for more stories.
Markets are reeling in the wake of heightened tensions between the US and Iran.
Global stocks plummeted on news of a US airstrike killing top Iranian general Qassem Soleimani on Thursday. Gold approached its highest price in six years, oil surged, and Treasury bond prices jumped as investors fled volatile assets and feared a hit to the global oil supply.
The attack came "at the direction of the President" and "was aimed at deterring future Iranian attack plans," the US Defense Department said in a statement.
Iranian officials struck a cautionary tone in their responses. The nation's supreme leader, Ayatollah Ali Khamenei, warned "harsh retaliation is waiting" for the US, and Iranian President Hassan Rouhani said the US crossed a "red line" with the strike.
Here's what six analysts are saying about the attack, new fears of armed conflict, and how investors should best position themselves.
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