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Why oil is tumbling and stocks are rising after Iran launched missiles at US bases

Upworthy Monday, 23 June 2025 ()
Oil sold off sharply and stocks rallied after Iran fired missiles toward US bases in Qatar and Iraq that appeared to be intercepted. Traders are betting that Iran doesn’t have the willingness or capability to retaliate against US forces. And they’re hoping that this will be the extent of the…
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News video: VIDEO: Why Iran Used GHADR-H Missiles To Hit U.S's Biggest Military HQ in 1000s of Soldiers

VIDEO: Why Iran Used GHADR-H Missiles To Hit U.S's Biggest Military HQ in 1000s of Soldiers 03:05

Iran’s Islamic Revolutionary Guard Corps (IRGC) has launched a powerful retaliatory strike against U.S. military bases in Qatar and Iraq using advanced multi-warhead Ghadr-H ballistic missiles for the first time. Targeting Al-Udeid Air Base—CENTCOM’s regional headquarters—and Iraq’s Al-Asad...

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