Israeli army says it has begun a wave of air strikes targeting government infrastructure in Iran’s capital, Tehran, Al Jazeera reports

Israeli army says it has begun a wave of air strikes targeting government infrastructure in Iran’s capital, Tehran, Al Jazeera reports.

The Israeli army's initiation of air strikes on Iranian government infrastructure marks a significant escalation in tensions in the region. This development could lead to heightened volatility in energy and safe-haven assets, particularly oil and gold, as markets assess the potential for broader conflict. Traders should closely monitor USD reaction against JPY and gold, as these assets often respond strongly to geopolitical risks.