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US envoys call off Israel trip as strikes trigger Iran retaliation

US Special Envoy Steve Witkoff and Jared Kushner, senior advisor and son-in-law to President Donald Trump, reportedly canceled a planned visit to Israel on Tuesday, according to Is...

Mar 09, 2026 &03340909202631; 11:34 UTC www.dailysabah.com Trending 5/5

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Negative for markets

Sentiment score: -65/100

High impact Immediate effect (hours)

WHAT THIS MEANS

US envoys canceled their Israel trip amid escalating Middle East tensions following Israeli strikes and Iranian retaliation threats, increasing geopolitical risk and uncertainty in global markets. This development signals heightened regional instability that could disrupt energy markets and trigger broader risk-off sentiment across equities.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↑

Oil (WTI Crude)

CL=FCommodity

Expected to rise

Crude oil likely to rise due to Middle East geopolitical tensions and potential supply disruption risks

↓

S&P 500

^GSPCIndex

Expected to decline

US equities pressured by risk-off sentiment from escalating Iran-Israel conflict and economic uncertainty

↓

Euro Stoxx 50

^STOXX50EIndex

Expected to decline

European stocks vulnerable to geopolitical risk and energy price volatility from Middle East tensions

⇅

Euro / US Dollar

EURUSDCurrency

High volatility expected

Currency pair experiencing volatility as safe-haven flows and energy concerns create mixed directional pressures

↑

Gold Futures

GC=FCommodity

Expected to rise

Gold strengthens as safe-haven asset amid geopolitical escalation and increased market uncertainty

PRICE HISTORY

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⚡ SUGGESTED ACTION

Reduce equity exposure and increase defensive positioning; consider long crude oil and gold positions as geopolitical hedges. Monitor for further escalation that could trigger broader market selloff.

KEY SIGNALS

Diplomatic mission cancellation signals deteriorating situationIran retaliation threat increases tail riskEnergy market vulnerability to supply disruptionRisk-off sentiment likely to dominate near-termSafe-haven assets gaining demand

SECTORS INVOLVED

EnergyDefenseUtilitiesConsumer DiscretionaryTechnology

Analysis generated on Mar 09, 2026 at 13:35 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Daily Sabah Economy. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

US envoys call off Israel trip as strikes trigger Iran retaliation

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