Iran fired missiles at Israel on June 8, marking the first direct military strike between the two nations since a ceasefire was established in April. Israeli forces intercepted nearly 30 incoming missiles, and Israel retaliated with strikes on Iranian territory before both sides declared a temporary pause in offensive operations.
What happened and why it matters
The missile barrage represents a significant escalation from Iran, which had been observing the ceasefire agreed upon in early April. That agreement was already considered tenuous, with proxy engagements continuing across the region even as the formal ceasefire held.
US President Trump has emerged in discussions aimed at deescalating the conflict. His involvement in prior Middle Eastern negotiations has historically produced dramatic swings in both direction and tone, making the near-term diplomatic trajectory difficult to forecast.
How crypto markets have responded to Middle East tensions historically
