As reported yesterday, Israel launched a coordinated attack targeting Iranian military and nuclear sites. Today, reports have come out that Iran is retaliating against the attack, as Iran has launched scores of ballistic missiles at Israel in response to yesterday’s airstrikes, marking a severe escalation in the conflict.
Global markets reacted sharply to the news, as oil prices surged and financial assets stumbled. Gold, notoriously known as a safe haven against volatility, has surged to a new all-time high, signaling that investors’ concerns are on the rise.
Lawmakers’ Stock Purchases Raise Ethical Concerns
According to a recent post from market tracking platform WhaleWatcher, a handful of U.S. politicians made significant stock purchases in defense companies just weeks before Israel launched its airstrikes against Iran.
Among them, Congressman Josh Gottheimer bought shares of Raytheon (RTX) last month, a major supplier of military weapons and technology. Congressman Bruce Westerman made two separate purchases of RTX stock—one on April 7, 2025, and another on March 2, 2025.
These stock trades have sparked criticism regarding potential conflicts of interest. And the topic of having politicians actively purchasing securities and crypto has been a topic of discussion as of late.
Raytheon plays a crucial role in military operations, and its stock typically benefits from increased defense spending or geopolitical tensions.
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