Airstrike hits the Pardis district in Tehran, according to Iranian outlets

The reported airstrike in Tehran's Pardis district introduces potential escalation in regional tensions, which may affect market sentiment across equities and oil. Depending on the severity and responses from Iranian authorities, we could see heightened volatility in risk assets and commodities, especially if this is perceived as part of a broader military engagement. Traders should watch for immediate reactions in oil prices and regional currency movements.