FX.co ★ DAX Falls on Fresh Middle East Tensions

Frankfurt’s DAX 40 slipped 0.5% to trade below 25,300 on Tuesday, pulling back from the four-month highs reached in the previous session and moving broadly in line with other major European indices. Risk sentiment weakened as earlier optimism over a possible US–Iran agreement faded, while renewed attacks pushed oil prices higher. The situation escalated overnight amid reports of explosions in southern Iran. The US military stated it had carried out self-defense strikes on missile launch sites and boats allegedly attempting to lay mines, saying the operations were intended to protect its forces from Iranian threats.