US futures and Asian shares open lower, oil prices soar as US and Israeli attack Iran

Global markets are bracing for significant volatility after reported US and Israeli strikes on Iran, leading to a sharp decline in US futures and Asian equities. This geopolitical escalation is driving oil prices significantly higher due to supply concerns from the Middle East, a critical oil-producing region. Investors should prepare for increased risk aversion and potential inflationary pressures as energy costs surge.