An increase in the number of US planes near Iranian airspace, according to Israel's Channel 14

An increase in the number of US planes near Iranian airspace, according to Israel's Channel 14.

The increase in US military presence near Iranian airspace is a notable escalation that could heighten geopolitical tensions in the region. Investors may see this as a risk factor for oil prices, potentially driving them higher due to fears of conflict. Moreover, the USD could strengthen as investors seek safe-haven assets in response to increased uncertainty.