They don't have market circuit breakers or the government injecting funds to prop up the market I see. Better not peddle naked short strategies to your clients then. And remember to get a vendor account if you want to promote your business here.
It's obvious that Iran has no meaningful external military to speak of. This was just a repeat of April 2024 when it was proven that Iran couldn't do anything against Israel's attack. The only difference this time is the market's didn't drop 6% only about 1.5%. Like most dictatorships their real enemy is it's own people. Iran is too busy killing young women for not obeying the cultural police to spend any money trying to actually create a military. Or they pissed away their money trying to fight an unwinnable war vs. Israel. Stalin eroded his military via his infamous show trials in the 1930s. It was the weather that defeated the Nazi's not the Russian army. The best movie I saw about how a dictatorship targets it's own people is the 2006 German film Das Leben der Anderen. It was about the last days of the brutal East German regime and the psychopaths that worked under the Stasi.