An explosion was heard in Minab, SNN reports
The reported explosion in Minab could heighten tensions in the region, potentially impacting local stability and influencing market sentiment towards riskier assets.
"US military attacked Iranian targets in the Strait of Hormuz, an American official told me. The American official claimed that the attacks do not constitute a renewal of the war with Iran", Axios' Ravid posts
[MARKET UPDATE] Modest upside seen in crude futures amid headlines of attacks in Iran by the US, although US officials claim the ceasefire has not ended; Iran yet to respond
An explosion was heard in Minab, SNN reports
Further explosions heard in Bandar Abbas, Mehr news reports
This is not a restart of the war, Fox news reports quoting a US official
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Traders should consider how this might affect commodity prices, especially oil, and look for a flight to safety in havens like gold and the USD if the situation escalates further.
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